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Joachim Voth | Economics. For Society.
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A lottery instead of a currency: #crypto was supposed to establish a brave new world beyond national authorities and legal rules.
Many of the early investors believed that #cryptocurrencies offered the promise of a new financial system.
However, cryptocurrencies are almost completely absent in daily transactions and have been repeatedly hacked.
By treating crypto like #gambling, a clear signal would be sent to investors.
#EconomicsForSociety #UZH #shareUBS
Many of the early investors believed that #cryptocurrencies offered the promise of a new financial system.
However, cryptocurrencies are almost completely absent in daily transactions and have been repeatedly hacked.
By treating crypto like #gambling, a clear signal would be sent to investors.
#EconomicsForSociety #UZH #shareUBS