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3232Chinese Economist Says if Bitcoin Is Widely Adopted: ‘We’re All Going to Die, This Is Not a Joke’
https://www.digit.info/chinese-economist-says-if-bitcoin-is-widely-adopted-were-all-going-to-die-this-is-not-a-joke/
Mon, 31 May 2021 02:00:15 +0000https://www.digit.info/2021/05/31/chinese-economist-says-if-bitcoin-is-widely-adopted-were-all-going-to-die-this-is-not-a-joke/Read more]]>A Chinese economist and assistant director at the International Monetary Institute of Renmin University, Qu Qiang, has predicted that “We’re all going to die” if bitcoin becomes widely adopted as a currency. He foresees our society falling into “a death spiral of deflation,” noting that “the whole society is going to shrink and self-explode.” We’re […]
A Chinese economist and assistant director at the International Monetary Institute of Renmin University, Qu Qiang, has predicted that “We’re all going to die” if bitcoin becomes widely adopted as a currency. He foresees our society falling into “a death spiral of deflation,” noting that “the whole society is going to shrink and self-explode.” We’re […]