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NYU professor thinks Bitcoin has "failed miserably" as a currency Damodaran asserted that Bitcoin's limited use in small transactions cancels out claims that it is a viable form of money. He said: A good currency, in my ...
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The return of the carry trade Higher interest rates keep domestic savings onshore in the local currency. They also entice capital from yield-starved foreigners. This is called the ...
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South African regulator to declare digital currencies as financial products after $3.8B scam As CoinGeek reported, Africrypt reportedly took off with $3.8 billion, making it one of the largest scams in the history of digital currencies. With investors ...
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