Finance Professor Compares Bitcoin to Beanie Babies

  • 📰 crypto
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Charles Khan, Professor Emeritus of Finance at the University of Illinois Gies College of Business, discusses the future of cash, how the US financial system can benefit from the Federal Reserve's new instant payment infrastructure, known as the 'FedNow Service,' and says he sees no underlying value in the world's most popular cryptocurrency.

We are becoming a cashless society, but very, very slowly. And important reasons for that because cash is actually important for things that it does better than other things do. I mean, what's important, Ken told me not once, twice, three to his death threats over this. I mean, this book was was was heated. And Ken told me that we should not do away with small bills, one, five, 20, even up to maybe up to 100.

And in fact, one of the things that caused there to be not as fast to take up by banks, a Fed now as you might have hoped is this fear of they don't have the resources yet for handling checking on fraud in an instantaneous fashion? That's really tricky. I have to ask Bitcoin, help me here. You're in class. You've got a piece of chalk in your head. Six of the kids are multimillionaires cause they bought it. Or Matt Miller.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 292. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

SingularityDAO, SelfKey and Cogito Finance Token-Holders Approve Merger to Form Singularity FinanceCrypto Blog
출처: Crypto_Potato - 🏆 568. / 51 더 많은 것을 읽으십시오 »