NYU professor warns of Facebook’s cryptocurrency plans

Published: July 8, 2019 | by Bitcoin Press News Team

"Mild horror" is an appropriate reaction to Facebook’s cryptocurrency plans, says Scott Galloway, a marketing professor at NYU’s Stern School of Business. Photo by Tobias Hase/Picture Alliance/Getty Images. NEW YORK — “Mild horror” is an appropriate reaction to Facebook’s cryptocurrency plans, says Scott Galloway, a marketing professor at NYU’s Stern School of Business.

“We are rightfully concerned,” Galloway told CNN’s Julia Chatterley on “First Move” Monday morning, in a discussion also about his new book “The Algebra of Happiness: Notes on the Pursuit of Success, Love, and Meaning.”

“To take over society is three legs of a stool: First you get […]