American economists had again predicted the collapse of Bitcoin

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2018-07-11 19:00:05

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American economists had again predicted the collapse of Bitcoin

The Three most influential US economist Joseph Stiglitz, Kenneth Rogoff and Nouriel Roubini, in an interview with Financial News negatively about cryptocurrencies. According to them, bitcoin as a currency fails. The latter related to the lack of intrinsic value and volatility of the coin.

The winner of the Nobel prize in Economics, Stiglitz believes that the anonymity of Bitcoin is the main obstacle for the creation of a transparent banking system, which wanted to build the developers of the coin.

the

That waits for the cryptocurrency

The type of Cryptocurrency Bitcoin has committed the most heinous things that no government can afford. Financial regulators still didn't work hard, because the stock market is relatively small. As soon as he grows up, Central Banks will use the hammer.

Kenneth Rogoff, former chief economist of the International monetary Fund, said that in 10 years the first cryptocurrency will cost only $ 100, and all the hopes vested in it, will be in vain.

Agree With him Roubini. According to the analyst, Bitcoin does not possess any of the characteristics of a currency and its exchange rate does not react "even to the holding of specialized conferences".

Earlier, Roubini decline in the value of Bitcoin to zero. The economist added that Hodler will go to the end, holding their melting coins. Simultaneously, cheaters will cheat users and get away with the loot.

American economists had again predicted the collapse of Bitcoin appeared first on Two Bitcoin.

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