Nobel economist Stiglitz sees no legal functions for bitcoin: ‘We have a good medium of exchange called the dollar’

Kim Kyung Hoon/Reuters Nobel-prize winning economist Joseph Stiglitz says bitcoin serves no useful function — other than circumventing legality.  Stiglitz, who has called on bitcoin to be outlawed, told Blooomberg Television from Davos: “We have a good medium of exchange called the dollar.” He argues that regulating bitcoin would mean driving it out of existance […]