This week, the American economist and Nobel laureate Paul Krugman officially stepped away from his role as an opinion columnist for the New York Times. Social media buzzed with criticism, as many voiced sharp opinions about his track record, accusing him of repeatedly missing the mark on economic predictions. From Fax Machine to Bitcoin ‘Bubble’: […]
Governments See CBDCs Making Their Countries ‘More Economically and Financially Efficient’ — Venom Foundation CEO
According to Louis Tsu, the CEO of Venom Foundation, governments that are seeking to introduce central bank digital currencies (CBDCs) are not being driven by the fear that privately issued digital currencies may soon become the preferred method for cross-border and micropayments. Instead, some countries view CBDCs as a technology that could make their countries […]