Joseph Stiglitz: Bitcoin Money Laundering

Posted by admin on Saturday, February 3, 2018

Joseph Stiglitz Money Quote saying he believes that people want digital currency like Bitcoin only to circumvent the law – so he thinks it will implode without illicit uses. Joseph Stiglitz said:

When you regulate it so you couldn’t engage in money laundering, there will be no demand for Bitcoin Quote
Share the Joseph Stiglitz Money quote image above on your site:

When you regulate it so you couldn’t engage in money laundering, there will be no demand for Bitcoin
— Joseph Stiglitz

Why do people want Bitcoin? For secrecy, according to the economist Joseph Stiglitz. The world's biggest cryptocurrency should be regulated "out of existence," says the Columbia University professor, seen in @sdawsonphoto's portrait. And it exists only because of abuses to the financial system, he's told us at the World Economic Forum in Davos. There's been intense speculation about whether Bitcoin has peaked. It reached as high as $19,511 before Christmas but is now back down around $11,000. #WallStreet #business #bitcoin #cryptocurrency #crypto #currency #forex #money #finance #invest #investment #economics #rich #wealth #millionaire #billionaire #entrepreneur #entrepreneurs #startup #technology #tech #computer #geek #geeks #quote #quotes #quoteoftheday #powerful #successful

A post shared by Bloomberg (@bloombergbusiness) on

Quote Search

Categories: Fintech Tagged:

Leave a Reply

You must be logged in to post a comment.

Money Quotes Daily

Money Quotes Daily