Harvard Economist Admits He Was Wrong About Bitcoin Crashing to $100
11 Articles
11 Articles
Ex-IMF Economist Kenneth Rogoff Explains Why His Bitcoin Crash Call Fell Flat— Blames Everyone But Himself For Missing It, Says Anthony Pompliano - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
Kenneth Rogoff, former Chief Economist at the International Monetary Fund, on Tuesday evaluated his failed 2018 projection that Bitcoin (CRYPTO: BTC) would be worth $100 rather than $100,000 within a decade. Rogoff Explains Why He Got BTC’s Prediction Wrong In an X post, Rogoff said he was "far too optimistic" about the U.S.'s willingness to implement "sensible" cryptocurrency regulation, in an apparent dig at the recent passage of the GENIUS Ac…
Economists Are Still Puzzled By Bitcoin—Should Anyone Be?
When one of the world’s leading macroeconomists publicly apologizes for underestimating Bitcoin, it’s worth paying attention. Ken Rogoff is a formidable scholar, and over the last decade—from my professor days at MIT to the design of Libra—I’ve learned a...
Who Rugged Rogoff? Harvard Prof Admits He Was Wrong On Bitcoin
Kenneth Rogoff, celebrated Harvard economist, stirred the Bitcoin hive with a salty half-apology. Even after bitcoin 12x'd since his doomsday call, rather than trying to learn about Bitcoin's value, he doubled down — and blamed Trump and criminals for his error!
Harvard economist says his $100 Bitcoin prediction was a wrong call
Rogoff's misjudgment highlights the unpredictable nature of cryptocurrency markets and the challenges in forecasting regulatory impacts. The post Harvard economist says his $100 Bitcoin prediction was a wrong call appeared first on Crypto Briefing.
Harvard Professor and Ex-IMF Chief Economist Offers Excuses for Misjudging Bitcoin a Decade Ago – News Bytes Bitcoin News
In a recent social media post, Kenneth Rogoff, a former Chief Economist at the International Monetary Fund (IMF), reflected on his earlier prediction that bitcoin was more likely to be valued at $100 than $100,000. Rogoff, a Professor of Economics at Harvard University, acknowledged that he underestimated the U.S. government’s willingness to implement sensible cryptocurrency […]
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