Crypto Should be “Shut Down,” Nobel Prize Economist Says

Nobel Prize Economist, Joseph Stiglitz, does not believe crypto is a positive thing for society; in fact, he called for efforts to “shut them down”.

In an interview with CNBC, Stiglitz advocated the need to implement a digital money system. For him, the advantages of using electronic payments make these technologies a safer, more transparent and efficient way to carry out transactions when compared with traditional cash.

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