Cryptocurrencies have a mysterious allure – but are they just a fad? | Robert Shiller

Attempts to reinvent money such as bitcoin often create excitement, but achieve littleThe cryptocurrency revolution, which started with bitcoin in 2009, claims to be inventing new kinds of money. There are now nearly 2,000 cryptocurrencies, and million…

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Market power wielded by US tech giants concerns IMF chief

Christine Lagarde feels ‘too much concentration in hands of the few’ does not help economyThe head of the International Monetary Fund, Christine Lagarde, has expressed concern about the market power wielded by the US technology giants and called for mo…

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Bitcoin tools could make finance system safer, says IMF boss

Christine Lagarde believes revisiting crypto-assets could ‘harness gains and avoid pitfalls’The advance of bitcoin and other digital currencies could make the global financial system safer despite the prospect of “inevitable” accidents waiting to happe…

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