Economist's Bitcoin Stance - Harvard economist Ken Rogoff admits his earlier prediction that Bitcoin was more likely to be worth $100 than $100,000 was incorrect [1] - Rogoff acknowledges underestimating Bitcoin's potential to compete with fiat currencies, particularly in the $20 trillion global underground economy [2] Bitcoin's Market Position - The market has determined Bitcoin is valuable, regardless of individual opinions [4] - Bitcoin is not going away, despite negative opinions [4] Regulatory and Illegal Activity Concerns - Rogoff initially overestimated the likelihood of sensible cryptocurrency regulation in the US [1] - He believed policymakers would not want to facilitate tax evasion and illegal activities [1] - There are insinuations that Bitcoin's success is linked to illegal activities and corruption [3]
All-Time TERRIBLE Take From Harvard Economist On Bitcoin
From The Desk Of Anthony Pomplianoยท2025-08-27 17:30