Famous American economist Joseph Stiglitz, who won the Nobel Prize for his 1995 Report of the Intergovernmental Panel on Climate Change, thinks we should “shut down” cryptocurrencies. In a recent interview with CNBC, Stiglitz cites his concern over the illicit use of digital currencies as reasoning to shut down crypto networks, including Bitcoin (BTC). “I […]
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Crypto May Fulfill Nobel Winner F.A. Hayek’s Vision for Private Money: Economist
F.A. Hayek was a Nobel-prize winning economist. In the 1970s, in the middle of a punishing recession and inflationary period that lasted into the beginning Ronald Reagan’s presidency, Hayek proposed that the solution to government-caused inflation and its associated problems was to allow the issuance of private, irredeemable money to compete with fiat issued by … Continued
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William Nordhaus and Paul Romer Win the Nobel Prize in Economics
The Nobel Prize in Economic Sciences has officially been awarded to William D. Nordhaus of Yale University and Paul M. Romer of the NYU Stern School of Business. William Nordhaus and Paul Romer, awarded the 2018 Prize in Economic Sciences, have designed methods that address some of our time’s most fundamental and pressing issues: long-term sustainable growth in […]
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Two Nobel Prize winners in economics to lead economics advisory board of Cryptic Labs
Cryptic Labs has announced two Nobel Prize winners in economics – Sir Christopher Pissarides and Dr. Eric S. Maskin – will spearhead its economics advisory board. Palo Alto, California-based Cryptic Labs is the chief commercial research lab dedicated to solving central security issues to further the…
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Crypto Firm Adds Two Nobel Winning Economists to Advisory Board
Cryptic Labs, a commercial blockchain research lab has announced the addition of two Economics Nobel Prize winners to its team. Dr. Eric S. Maskin and Sir Christopher Pissarides will provide their unique insights on incentive mechanisms, game theory and macro-economic policies to its Economics Advisory Board. Research Portfolios and New Roles Dr. Maskin, the Adams
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The Daily: Nobel Laureates to Advise Industry, DoD Facility to Become Mining Farm
In today’s edition of The Daily we cover stories about two Nobel winners to advise the crypto industry, another leading sports team launching a fan token, Malta Stock Exchange and Binance creating a new trading venue, and a Chinese company that will transform a US Defense Department facility into a mining farm.
Also Read: New York Regulator Approves Two New Stablecoins, Gemini Dollar and Paxos Standard
2 Nobel Prize Winners To Research Blockchain Economics
The blockchain industry got two impressive academics to join its ranks.
On Monday, blockchain security firm Cryptic Labs announced that two Nobel Prize winners in economics will join the firm and conduct blockchain. Dr. Eric Maskin and Sir Christopher Pissarides will join the Palo Alto, Calif. firm’s advisory board.
“[They] will provide insights in incentive mechanisms, game theory and macro-economic policies, bolstering the institute’s mission to address the lack of blockchain industry expertise in both fields,” Cryptic Labs said in a Sept.
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Ethereum is Bad Due to Lack of Active dApps, Nobel Economist Says in Meritless Claim
Nouriel Roubini, a widely recognized economist and a professor at Stern School, has said that the decline in the value of Ethereum was expected due to its lack of active decentralized applications (dApps). He said: “No wonder Ethereum is collapsing. 75% of DApps are crypto-kitties, scammy Ponzi pyramid schemes & Casino games. The other 25%
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Hard Forks May Kill Bitcoin in 100 Years, Says Nobel Laureate
American Nobel Laureate, economist, academic, and best-selling author Robert Shiller claims Bitcoin may be extinct in 100 years — and hard forks will be to blame.
A Big Forking Problem
Nobody can accurately see 100 years into the future, but prominent economist Rober Shiller claims Bitcoin may go the way of the West African Black Rhinoceros — that is to say: extinct.
According to the Yale professor, hard forks will be to blame for the dissolution of the first and foremost cryptocurrency. Shiller told CNBC’s Trading Nation:
Bitcoin is a ‘Glamorous’ Fad, Says Nobel Prize-Winning Economist
Bitcoin may be heating up again, but 2013’s Nobel Prize-winning economist isn’t convinced that the first decentralized digital currency is as legitimate as many proponents think.
‘It’s Glamorous’
Bitcoin has been all over the news since last year, with many pundits arguing whether or not the cryptocurrency is here to stay. One Nobel Prize-winning economist argues for the latter.
Robert Shiller, a professor of economics at Yale University and co-founder of the Case-Shiller Index who won the coveted award in 2013, told CNBC‘s “Trading Nation:”