Zurich University S Professor Of Economics Says Bitcoin Doesn T Solve A Single Problem
Although he did acknowledge that blockchain technology had some advantages, Voth doesn’t believe Bitcoin or any other cryptos can replace money or solve any modern monetary problems, as he told Kitco News’ David Lin in an interview published on September 13. Taking away the driver’s license from governments and banks In the interview, Voth discussed the modern monetary theory (MMT), which basically suggests that the government can solve a lot of problems by creating more money without fear of consequences as its the issuer of the currency....