Summary:
One of the prime myths that white-collar criminologists have to refute repeatedly is that blockchain makes fraud impossible. Blockchain, in some settings, is a costly means of making some frauds much more difficult. Blockchain is useless against the most important frauds. The primitive worship of blockchain as a supposed garlic capable of warding off evil breeds complacency, and complacency produces increased fraud and greatly extends the life of fraud.… Sheriff Bill is on the case. New Economic Perspectives Bitcoin Frauds Keep Growing William K. Black | Associate Professor of Economics and Law, UMKC
Topics:
Mike Norman considers the following as important: Bitcoin, blockchain, blockchain fraud, cryptocurrencies
This could be interesting, too:
One of the prime myths that white-collar criminologists have to refute repeatedly is that blockchain makes fraud impossible. Blockchain, in some settings, is a costly means of making some frauds much more difficult. Blockchain is useless against the most important frauds. The primitive worship of blockchain as a supposed garlic capable of warding off evil breeds complacency, and complacency produces increased fraud and greatly extends the life of fraud.… Sheriff Bill is on the case. New Economic Perspectives Bitcoin Frauds Keep Growing William K. Black | Associate Professor of Economics and Law, UMKC
Topics:
Mike Norman considers the following as important: Bitcoin, blockchain, blockchain fraud, cryptocurrencies
This could be interesting, too:
Frances Coppola writes The SEC’s Bitcoin ETF Standoff
Mike Norman writes My new podcast episode is out
Matias Vernengo writes Bitcoins and El Salvador
Mike Norman writes My new podcast episode is out.
One of the prime myths that white-collar criminologists have to refute repeatedly is that blockchain makes fraud impossible. Blockchain, in some settings, is a costly means of making some frauds much more difficult. Blockchain is useless against the most important frauds. The primitive worship of blockchain as a supposed garlic capable of warding off evil breeds complacency, and complacency produces increased fraud and greatly extends the life of fraud.…Sheriff Bill is on the case.
New Economic Perspectives
Bitcoin Frauds Keep Growing
William K. Black | Associate Professor of Economics and Law, UMKC