Bitcoin's price bubble will burst under government pressure | Kenneth Rogoff

Bitcoin's price bubble will burst under government pressure | Kenneth Rogoff

7 years ago
Anonymous $wKBR2uNMvM

https://www.theguardian.com/technology/news-blog/2017/oct/09/bitcoin-price-bubble-government-cryptocurrency

The cryptocurrency is up 1,600% in two years – but state efforts to remove its near-anonymity will undermine its popularity

Is the cryptocurrency bitcoin the biggest bubble in the world today, or a great investment bet on the cutting edge of new-age financial technology? My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse.

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