Posts Tagged ‘cryptocurrency’

BITCOIN or BITCON?

Posted: January 27, 2018 in Bitcoin, Guardian UK
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This is an interesting article on BITCOIN.

The Nobel prize-winning economist Robert Shiller has said bitcoin will not be a “permanent feature” of the financial world, as politicians indicated that a clampdown on cryptocurrencies was coming.

Speaking at the World Economic Forum in Davos on Thursday, Shiller hailed bitcoin as a “really clever idea”. But although he was impressed with the technology behind it, he was concerned that it had “gone viral as a currency”.

“I tend to think of bitcoin as an experiment. It is an interesting experiment, but it’s not a permanent feature of our lives,” said Shiller.

Davos speakers round on cryptocurrency as Robert Shiller calls it a clever idea with an impermanent future