President’s Economic Report Blasts Crypto for ‘Ignorance of Basic Economic Principles’ 

In addition to the decentralized custody and control of money, “it has been argued that crypto assets may provide other benefits, such as improving payment systems, increasing financial inclusion, and creating mechanisms for the distribution of intellectual property and financial value that bypass intermediaries,” the authors wrote. “So far, crypto assets have brought none of these benefits.”

Source: President’s Economic Report Blasts Crypto for ‘Ignorance of Basic Economic Principles’ – Decrypt

Get the latest RightsTech news and analysis delivered directly in your inbox every week
We respect your privacy.