Crypto Industry Portrayed 'Illusion of Respectability', Paul Krugman Says
— Service, Selling, Venmo, Money, Crypto, Industry, Offering, Illusion, Platform, Krugman — 1 min read
Venmo is not offering the service out of sheer good will, but out of financial rewards, it says. Venmo will charge $3,500 for a course on how to use the technology to learn about the crypto-currency. The company says it has no idea how much money Venmo makes from people buying and selling crypto on its platform. M.I.T. says he doubts there was any corruption in the way Venmo handled the situation. The firm says it's not interested in using the service to promote its crypto-currencies, but it's offering it out of good will and not out of profit, he says. Venmo has no intention of paying for courses, he adds. The company has no interest in the course Source