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what do economists say about bitcoin

Last Updated on April 17, 2023 by Paganoto

Economics of bitcoin – Wikipedia

Economics of bitcoin – Wikipedia

Bitcoins have three useful qualities in a currency, according to The Economist in January 2015: they are "hard to earn, limited in supply and easy to verify". Economists define money as a store of value, a medium of exchange and a unit of account, and agree that bitcoin has some way to go to meet all these criteria.

What does a real economist think of cryptocurrencies?

What does a real economist think of cryptocurrencies?

Cowen: I think the crypto people are super, super smart on average. They’re smarter than economists on average. And they have skin in the game, …

What would two of the world's most famous economists think …

What would two of the world's most famous economists think …

Friedrich Hayek and Milton Friedman would have praised Bitcoin as a bold, free-market experiment. As a currency, not so much.

What the Crypto Crowd Doesn't Understand About Economics

What the Crypto Crowd Doesn't Understand About Economics

To the extent crypto is useful as collateral or for liquidity purposes, people will be more willing to hold crypto at lower pecuniary rates of …

What do economists think of Bitcoin? – Quora

What do economists think of Bitcoin? – Quora

There is a widespread misconception that most well-respected economists consider Bitcoin as a bubble. However, a report shows that most leading European …

Why a Nobel laureate in economics thinks bitcoin is toast – PBS

Why a Nobel laureate in economics thinks bitcoin is toast – PBS

Bitcoin — or maybe some other cryptocurrency — would replace fiat currencies as the coin of all realms soon enough, safe from the ravages of …

Cryptocurrencies could lead to financial instability, author warns

Cryptocurrencies could lead to financial instability, author warns

Cryptocurrency enthusiasts say the digital money will democratize finance. · Economist Eswar Prasad has some more unsettling predictions.

Why Eminent Economists Say Bitcoin Remains Inefficient

Why Eminent Economists Say Bitcoin Remains Inefficient

Many analysts have also said that Bitcoin has no “intrinsic value”. The ever-changing perception of cryptocurrency as a “store of value” also …

Why it is wise to add bitcoin to an investment portfolio

Why it is wise to add bitcoin to an investment portfolio

And many investors hold fierce philosophical beliefs about bitcoin—that it is either salvation or damnation. Neither side is likely to hold 1% …

Why crypto's bruising comedown matters | The Economist

Why crypto's bruising comedown matters | The Economist

It has been a vicious year for financial markets, and more punishing still for crypto assets. The market capitalisation of crypto has …