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]

Cryptocurrency Regulation - The economist Kenneth Rogoff expressed being overly optimistic about the US adopting sensible cryptocurrency regulation [1] - The economist questioned why policymakers would want to facilitate tax related to cryptocurrency [1] Bitcoin Value Prediction - The economist Kenneth Rogoff predicted almost a decade ago that Bitcoin was more likely to be worth $100 than $100,000 [1]

This Harvard economist still proclaims that BTC, now the 6th largest global asset, is worthless.His thesis for the last 7 years has been thoroughly gutted, yet refuses to accept new information.Bravo, everyone. We're all more intellectually honest than a Harvard economist.Kenneth S Rogoff (@krogoff):Almost a decade ago I was the Harvard economist that said that bitcoin was more likely to be worth $100 than 100k. What did I miss? I was far too optimistic about the US coming to its senses about sensible crypt ...

Bitcoin Analysis - Fiat economist still doesn't understand bitcoin [1] - Blames everyone but himself for missing it [1] Regulatory Environment - Was too optimistic about the US coming to its senses about sensible cryptocurrency regulation [1] - Policymakers may not want to facilitate tax [1] Prediction - Almost a decade ago, predicted bitcoin was more likely to be worth $100 than $100,000 [1]

Regulatory Landscape - Bitcoin climbed after the House approved a procedural vote to consider three key crypto regulation bills [1] - GOP lawmakers halted the passage of the three key crypto regulation bills the day before [1] - Zack Shapiro, head of policy at the Bitcoin Policy Institute, breaks down the three crypto-related bills currently sitting in the U S House of Representatives [1] Market Trends - Bitcoin climbed [1] - CNBC Crypto World, July 16, 2025 [1]