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3232Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis
https://www.digit.info/nobel-laureate-paul-krugman-compares-crypto-to-housing-bubble-and-subprime-crisis/
Wed, 08 Jun 2022 00:00:11 +0000https://www.digit.info/2022/06/08/nobel-laureate-paul-krugman-compares-crypto-to-housing-bubble-and-subprime-crisis/Read more]]>Nobel 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 […]
]]>Bank of England’s Deputy Governor Says Crypto Collapse Plausible, Regulators Need to Urgently Establish Rules
https://www.digit.info/bank-of-englands-deputy-governor-says-crypto-collapse-plausible-regulators-need-to-urgently-establish-rules/
Thu, 14 Oct 2021 01:30:29 +0000https://www.digit.info/2021/10/14/bank-of-englands-deputy-governor-says-crypto-collapse-plausible-regulators-need-to-urgently-establish-rules/Read more]]>Bank of England Deputy Governor Jon Cunliffe says that a collapse in the cryptocurrency market is certainly “plausible,” stating that regulators worldwide need to pursue crypto rules “as a matter of urgency.” While cryptocurrencies do not currently pose a threat to the country’s financial stability, the deputy governor says there are some “very good reasons” […]
]]>Billionaire John Paulson Warns Cryptocurrencies Will Be Worthless, Bitcoin Too Volatile to Short
https://www.digit.info/billionaire-john-paulson-warns-cryptocurrencies-will-be-worthless-bitcoin-too-volatile-to-short/
Tue, 31 Aug 2021 00:00:09 +0000https://www.digit.info/2021/08/31/billionaire-john-paulson-warns-cryptocurrencies-will-be-worthless-bitcoin-too-volatile-to-short/Read more]]>Billionaire hedge fund manager John Paulson, famed for making a fortune betting against the U.S. housing market, says that cryptocurrencies are a bubble that will prove to be “worthless.” While he sees unlimited downside to crypto, he will not short bitcoin, however. “Even though I could be right over the long term, in the short […]
Nobel 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 […]
Bank of England Deputy Governor Jon Cunliffe says that a collapse in the cryptocurrency market is certainly “plausible,” stating that regulators worldwide need to pursue crypto rules “as a matter of urgency.” While cryptocurrencies do not currently pose a threat to the country’s financial stability, the deputy governor says there are some “very good reasons” […]
Billionaire hedge fund manager John Paulson, famed for making a fortune betting against the U.S. housing market, says that cryptocurrencies are a bubble that will prove to be “worthless.” While he sees unlimited downside to crypto, he will not short bitcoin, however. “Even though I could be right over the long term, in the short […]