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Crypto-Fool’s Gold? by Kenneth Rogoff – Project Syndicate

10 Oct

Pro cashless economist on bitcoin.  

“The price of Bitcoin is up 600% over the past 12 months, and 1,600% in the past 24 months. But the long history of currency tells us that what the private sector innovates, the state eventually regulates and appropriates – and there is no reason to expect virtual currency to avoid a similar fate.”

Source: Crypto-Fool’s Gold? by Kenneth Rogoff – Project Syndicate

 
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