China’s Construction Fetish
Nov 21, 2008 Zhiwu Chen
Zhiwu Chen is Professor of Finance, Yale School of Management.
Some have long argued that private digital money and the technology underpinning it will revolutionize finance in the long term. But with Bitcoin plunging, stablecoins collapsing, and crypto lenders freezing withdrawals, we asked PS commentators whether the industry has a future.