If you can't control it, ban it.

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If you can't control it, ban it.  Empty If you can't control it, ban it.

Post by Maddog on Thu Nov 30, 2017 6:28 pm

The former chief economist of the World Bank wants bitcoin banned.

"Bitcoin is successful only because of its potential for circumvention, lack of oversight," Joseph Stigliz, currently a professor at Columbia University, said in an interview on Bloomberg Television today, as the cryptocurrency reached new all-time highs this week.

However, Stiglitz, who also chaired the U.S. President's Council of Economic Advisers during the Clinton Administration, said he does support technological innovation in payments, but thinks digital money should still be fiat created and controlled by the government.


Nothing those in power hate more, than not being in complete control. Can't let people run around unsupervised. Twisted Evil

Great minds discuss ideas; average minds discuss events; small minds discuss people.

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