Corrupt Currency: Will Digital Currency Shake the World of Politics, Economics and Finance?

Corrupt Currency: Will Digital Currency Shake the World of Politics, Economics and Finance?

New York University economist Norrell Rubini recently commented on the world's largest digital currency, the bitcoin, calling it "a very bad coin."

"Corrupt currency is one of the worst temporary trends ever," said Warren Buffett, one of the world's richest men.

Bank of England Governor Andrew Bailey warned a few weeks ago that "if you are willing to lose all your money, buy it (cryptocurrency)."

Nobel laureates in economics Joseph Stiglitz, Paul Krugman and Robert Schiller are also critics of cryptocurrencies, but they do not predict that these currencies will suddenly disappear one day.