Nobel Laureate Ben Bernanke Blasts Cryptocurrencies, Says Tokens ‘Have Not Been Shown to Have Any Economic Value at All’

Nobel Laureate Ben Bernanke Blasts Cryptocurrencies, Says Tokens 'Have Not Been Shown to Have Any Economic Value at All'Ben Bernanke, former chairman of the Federal Reserve and also the winner of the 2022 Nobel Prize in economics, has recently blasted the concept of cryptocurrencies. In an interview with Dagens Nyheter, one of the biggest Swedish journals, Bernanke remarked that cryptocurrencies have not proven they have any economic value at all. Ben Bernanke Blasts […]

Go to Source

Powered by WPeMatico

Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics ‘for Research on Banks and Financial Crises’

Former Fed Chair Ben Bernanke Wins Nobel Prize in Economics 'for Research on Banks and Financial Crises'Former Federal Reserve Chairman Ben Bernanke has been awarded a Nobel Prize in Economics. The Nobel Prize committee believes that he “significantly improved our understanding of the role of banks in the economy, particularly during financial crises.” Many people, however, blame Bernanke for getting us “to the brink of collapse and under a mountain of […]

Go to Source

Powered by WPeMatico

Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis

Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime CrisisNobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.” Paul Krugman on Crypto, Housing Bubble, and Subprime Mortgage Crash Nobel laureate […]

Go to Source

Powered by WPeMatico

Nobel Prize-Winning Economist Robert Shiller Mulls Over Getting Active in the Bitcoin Market

Nobel Prize-Winning Economist Robert Shiller Mulls Over Getting Active in the Bitcoin MarketNobel laureate and professor at Yale University, Robert Shiller, is tempted by the crypto market. He is mulling over investing in cryptocurrency to experience the market. “I never bought bitcoin. Maybe I should be active in that market,” he said. Yale Professor and Nobel Prize Winner Mulls Over Getting Into Crypto Nobel laureate Robert Shiller […]

Go to Source

Powered by WPeMatico

The Daily: Nobel Laureates to Advise Industry, DoD Facility to Become Mining Farm

The Daily: Nobel Laureates to Advise Industry, DoD Facility to Become Mining FarmIn today’s edition of The Daily we cover stories about two Nobel winners to advise the crypto industry, another leading sports team launching a fan token, Malta Stock Exchange and Binance creating a new trading venue, and a Chinese company that will transform a US Defense Department facility into a mining farm. Also Read: New […]

The post The Daily: Nobel Laureates to Advise Industry, DoD Facility to Become Mining Farm appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico

Paul Krugman: Bitcoin Has More Utility Than Gold

Recently at the ChainXchange blockchain conference, Paul Krugman took center stage at a panel of Bitcoin skeptics and supporters including Ripple Chief Market Strategist Cory Johnson and market research guru Thomas Lee. Prior to the discussion, Krugman delivered a presentation that focused primarily on the history and development of money, and ultimately how they relate to […]

Go to Source

Powered by WPeMatico