# Professor David Yermack is quoted in an article on common myths about blockchain

1 Faculty News May 29, 2019 ![Techopedia logo](/sites/default/files/styles/246w/public/assets/images/Techopedia-logo-feature.jpg?itok=EgK4FjWX)>

Excerpt from [Techopedia](https://www.techopedia.com/debunking-the-top-5-blockchain-myths/2/33796) -- "'Private individuals respond to incentives for keeping the data honest. My worry is governments who have other non-economic objectives immune to financial incentives,' [David Yermack](https://www.stern.nyu.edu/faculty/bio/david-yermack), Professor of Finance at the Stern Business School in New York University, surmised."

[Read more](https://www.techopedia.com/debunking-the-top-5-blockchain-myths/2/33796)
