Bitcoin Magazine
Who Rugged Rogoff?
Kenneth Rogoff spoke, and the Bitcoin hornet’s nest awoke.
When the celebrated Harvard economist and former chief economist at the IMF yesterday publicly confessed that he was wrong on Bitcoin, he didn’t do so gracefully; instead, he doubled down. You see, it wasn’t that his prediction in 2018 of Bitcoin’s imminent doom and the bitcoin price to quickly collapse was wrong; it was
Trump crypto regulation was beneficial instead of the needed crackdown
Bitcoin was embraced and (shockingly) used by criminals, and
Trump “brazenly hold hundreds of millions … of dollars in cryptocurrencies seemingly without consequence.”
I mean, talk about willful ignorance. Scooby-Doo called and wants his villains back (“I would have gotten away with it, too, if it weren’t for you meddling kids”). There’s no other value to this thing, no other censorship-resistance use case, no savings-outside-the-shady-banks option, no instant globa
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