Harvard crypto skeptic calls Bitcoin a ‘hedge against dystopia’

Cointelegraph

Published Jan 22, 2021 02:33PM ET

Updated Jan 22, 2021 04:20PM ET

Often touted as a store of value or hedge asset, Bitcoin (BTC) has gained significant mainstream adoption over the past several months. Kenneth Rogoff, a public policy and economics professor at Harvard University, doubts the asset’s success, however.

"I can see Bitcoin being used in failed states,” Rogoff said in a Bloomberg interview on Thursday, adding:

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