RE: Harvard professors predict Bitcoin collapse due to government regulation

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Harvard professors predict Bitcoin collapse due to government regulation

in crypto •  7 years ago 

Thanks for this useful reminder piece @marcosoliveira . The "regulation squeeze" is already underway in the new requirement to report for possible taxation all transactions.

This related article is worth careful reading, i think. https://prestonbyrne.com/2017/11/26/the-bear-case-for-crypto-part-ii-fractional-reserve-marmot/

See also this attack on bitcoin's weaknesses, with some commentators claiming it is an "establishment piece". https://www.washingtonpost.com/news/wonk/wp/2018/01/08/bitcoin-is-the-new-middle-ages/?utm_term=.494a1f01705b

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7 years ago by

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      ·  7 years ago 

    Thanks, @lestatisticien. I will read these articles.

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