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3232Cornell Professor of Economics: Defi Promise Is Real but Bitcoin May Not Last Much Longer
https://www.digit.info/cornell-professor-of-economics-defi-promise-is-real-but-bitcoin-may-not-last-much-longer/
Sat, 18 Dec 2021 03:00:23 +0000https://www.digit.info/2021/12/18/cornell-professor-of-economics-defi-promise-is-real-but-bitcoin-may-not-last-much-longer/Read more]]>A Cornell University economics professor says that the promise of decentralized finance (defi) using blockchain technology is real but bitcoin may not last that much longer. Nonetheless, he admitted bitcoin “has really set off a revolution that ultimately might benefit all of us either directly or indirectly.” Economics Professor Doubts Future of Bitcoin, Praises Defi […]
]]>Economics Professor Warns ‘Cryptocurrencies May Contribute to Monetary and Financial Instability’
https://www.digit.info/economics-professor-warns-cryptocurrencies-may-contribute-to-monetary-and-financial-instability/
Sat, 16 Oct 2021 21:30:12 +0000https://www.digit.info/2021/10/16/economics-professor-warns-cryptocurrencies-may-contribute-to-monetary-and-financial-instability/Read more]]>Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks investor protection. Economist Sees Crypto Posing Risks to Financial Stability Eswar Prasad, the Nandlal P. […]
A Cornell University economics professor says that the promise of decentralized finance (defi) using blockchain technology is real but bitcoin may not last that much longer. Nonetheless, he admitted bitcoin “has really set off a revolution that ultimately might benefit all of us either directly or indirectly.” Economics Professor Doubts Future of Bitcoin, Praises Defi […]
Cornell University’s professor of economics and former head of the IMF’s China division, Eswar Prasad, has warned that “Cryptocurrencies may contribute to monetary and financial instability.” He added that the risk is amplified if the industry is unregulated and lacks investor protection. Economist Sees Crypto Posing Risks to Financial Stability Eswar Prasad, the Nandlal P. […]