Economist Steve Hanke: Bitcoin Is Not a Currency, It’s a “Speculative Asset”
If you have read Satoshi Nakamoto’s original white paper on Bitcoin, the likely takeaway is that BTC is a currency. Take the following excerpt from the conclusion of the white paper.
“We h... Read More
Bitcoin24/06/20 15:00 by Yashu Gola
Economist Steve Hank Bashes Bitcoin, Says It’s Not Legitimate: Why He’s Wrong
Bitcoin is not a currency, but a speculative asset, veteran economist Steve Hank said on Tuesday.
The Johns Hopkins University professor noted that cryptocurrencies like Bitcoin must be tied to commo... Read More