Showing posts with label fiat_money. Show all posts
Showing posts with label fiat_money. Show all posts

Tuesday, 31 July 2018

Cryptocurrencies are lousy investments

a column by Jon Danielsson for VOX: CEPR’s Policy Portal

Are cryptocurrencies the future of money, Ponzi schemes, speculators’ dreams, or just a prosperity gospel?

While there is money to be made in the short run, this column argues that cryptocurrencies are lousy investments and will eventually reach a price of zero.

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