“We’d like the bubble to break. We still see a lot of hype in the market, valuations are high and unreasonable. We really think if the bubble bursts, it’s a good thing for the industry.”Additionally, Zhang said that she is helping Binance to deal with the scams that have emerged as a result of the hype, with so-called Cryptocurrency Governance Initiatives, or CGI. The purpose of the initiative is to “fight scams and sh*t coins, and to boost crypto and blockchain technology.”
“If we see founders contribute to both sides, we’ll hold both sides. Sometime it’s hard to see which one is more valuable, but our position is to support the founders and create value for the project as a whole.”Ella Zhang is not the first expert to predict a bubble burst. In April, Nobel Prize laureate for economics Robert Shiller pointed out that while Bitcoin might be a bubble, that doesn’t mean that it will burst and be gone forever. According to Shiller, there is a part of the cryptocurrency “bubble” that is political, as people who don’t trust their governments may be tempted to invest.
In a recent interview with CNBC, Yale professor of economics and Nobel prize-winner Robert Shiller advocated that Bitcoin will eventually die out. Following the advice of investing guru Philip Fisher Robert Shiller, who won the Nobel Memorial Prize in Economics in 2013, holds that Bitcoin, amongst other cryptocurrencies, might be just another failed experiment. He touched on their complexity and the fact that they are connected with a yearning for social revolution. Winner Of The 2016 Nobel Prize In Economics Points Out Blockchain Smart Contract Weaknesses. by Daniel W. May 29, 2019. Home Blockchain Announcements. Facebook. Twitter. Telegram. ReddIt. Linkedin. Email. 2016 Nobel Laurette Claims Smart Contracts Are Not The Solution for Everything. Global cryptocurrencies often differ in terms of their objectives as well as how they function. ETH or Ethereum ... Trading Economics. Home Articles. Asset Allocation and Diversification Explained . Asset Allocation and Diversification Explained. Beginner. 1w ago. 6m. Introduction. When it comes to money, there is always risk. Any investment can incur a loss, while a cash-only position will see value slowly eroded through inflation. While risk cannot be eliminated, it can be adjusted to be aligned with an ... - Binance CEO Changpeng "CZ" Zhao has published a guide busting common myths related to token economics and the exchange's handling of BNB. - CZ explained the "team portion" of BNB is unlocked yearly over five years and has no impact on coin burns. Economics is not one of the original Nobel Prizes created by Alfred Nobel's will, but the nomination process, selection criteria, and awards presentation of it are performed similarly to those of the Nobel Prizes. It is actually a ... Almost 30 years ago, Nobel Prize-winning American economist Milton Friedman said he would like to have money controlled by a computer. He also said it would be a better world without the Federal Reserve. One of his two desires is already happening in the form of Bitcoin. In fact, he seems to have predicted its formidable rise in 1991. And with the FED’s incessant money printing causing ... Nobel laureate in economics Joseph Stiglitz shared his opinion about cryptocurrencies in an interview with CNBC. He was strongly opinionated about “shutting down cryptocurrencies”, being hung up on the idea that cryptocurrencies do not have the necessary transparency needed to be widely adopted as a currency. Though he says he’s a great advocate of moving unto electronic payment ... Milton Friedman And Bitcoin In the late 1990s, Nobel Prize winner Milton Friedman predicted that the internet would give rise to electronic cash. Thus, many cryptocurrency enthusiasts consider Friedman as having the foresight to anticipate the rise of Bitcoin. The late Friedman said in an interview that electronic cash would threaten governments' ability to collect taxes on its citizens as ...
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"Robert Shiller, 2013 Nobel Prize winner in Economics, and an expert in the nature of market excesses, has come down on bitcoin and said that the tremendous jump of the virtual currency was a 100 ... In an interview with Business Insider, Nobel prize-winning economist Paul Krugman says that the rising price of cryptocurrency bitcoin is helped by the fact that no one understands it and are ... Heute geht's um folgende Themen: Fidelity beginnt mit Bitcoin (BTC) Handel in wenigen Wochen, Binance Margin Trading & Joseph Stiglitz findet Bitcoin gehört abgeschaltet. 1.) Fidelity beginnt mit ... In this video we look at a theory put forward by Nobel prize economists on what could be a potential cause for a bitcoin crash. The book I discuss is called Animal Spirits. Business Insider recently caught up with Nobel Prize-winning economist and New York Times columnist Paul Krugman to talk taxes, Trump, and bitcoin. Krugman i... Nobel Prize Winning Economist Slams Bitcoin and Crypto. Old Man Krugman Calls Bitcoin a Ponzi Scheme Paul Krugman wrote a column in the New York Times today ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.