December 29, 2020

Cryptocurrency Is Not Necessarily the Future

Crypto assets can be either useful hedges or useful forms of payment — but not both.

Tyler Cowen

Holbert L. Harris Chair of Economics at George Mason University

Tyler Cowen suggests that cryptocurrencies might be the new precious metals, making up a small proportion of corporate balance sheets but not turing the world upside-down as some enthusiasts have predicted. Read more at Bloomberg