Listen: Are digital currencies a “total scam” or moving into the mainstream?
The Covid-19 crisis and its impact on currencies in some emerging markets has fuelled distrust in governments and central banks, and ignited interest in digital alternatives. In this podcast, ING economist Carlo Cocuzzo discusses whether the current pandemic could accelerate the adoption of digital currencies around the world
Algorithms vs politicians
Lebanese protestors held a mock funeral for their local currency earlier this month after a financial crisis, exacerbated by the coronavirus, sent it into a tailspin. With other emerging markets also feeling the pain of a strong dollar, proponents of digital currencies are touting the benefits of a system run by algorithms rather than politicians and central banks. In this podcast, ING's Senior Editor Rebecca Byrne asks Digital Finance Economist Carlo Cocuzzo whether the economic damage caused by Covid-19 could speed up the adoption of digital currencies, or whether Nouriel Roubini, who called bitcoin a "total scam", is right to be sceptical.
Questa pubblicazione è stata preparata da ING esclusivamente a scopo informativo, indipendentemente dai mezzi, dalla situazione finanziaria o dagli obiettivi di investimento di un particolare utente. Le informazioni non costituiscono una raccomandazione di investimento e non sono consigli di investimento, legali o fiscali né un'offerta o una sollecitazione all'acquisto o alla vendita di alcun strumento finanziario. Leggi di più