Beyond the headlines: A look at two conflicting bitcoin theories

There’s never a day that passes without some otherwise intelligent economist making radical claims about bitcoin. It’s all been said before. “It has no intrinsic value,” “it’s used by criminals,” “it will be regulated,” “it will fall to $0.” And media outlets are happy to share these opinions, with doom-and-gloom headlines to add fuel to the fire.

 

The Three Horsemen of the Bitcoin Apocalypse

 

On July 10th, Joseph Stiglitz, Nouriel Roubini and Kenneth Rogoff looked to breathe fresh air into their campaign against the cryptocurrency citing once again the lack of intrinsic value, anonymity and regulation. They even offered a shocking 10-year price prediction - $100.

 

Read more here...

Share on Facebook
Share on Twitter
Please reload

Suggested Posts

EVERYTHING YOU WANTED TO KNOW ABOUT MMT

February 6, 2019

1/10
Please reload

Current Posts

April 17, 2019