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Bitcoin Price 'More Likely To Hit $ 100' Without Illicit Uses, Says Harvard Economist

Harvard economist told CNBC Tuesday, March 6 that Bitcoin is "more likely to be worth $ 100 than $ 100,000" by 2028. Speaking to reporters during an edition of the Squawk Network Box segment, professor and economist Kenneth Rogoff implied Bitcoin only had value because of its use in "money laundering and tax evasion."


"I would have thought it was a lot more than $ 100,000 ten years from now," he said, continuing:

"Basically, if you take away the possibility of money laundering and tax evasion, [Bitcoin’s]

Rogoff joins a declining number of traditional finance figures still maintaining a firm anti-bitcoin stance. Despite high-profile naysayers such as JPMorgan CEO Jamie Dimon U-turning on their negative opinions in recent months, others remain highly skeptical.

Last month, Berkshire Hathaway vice president Charlie Munger adopted a particularly harsh tone, telling the audience during an AGM speech that Bitcoin was "totally asinine" and that people investing in it "disgusted" him.

of bitcoin in organized crime This article is not available in English, French, English, French, Spanish, French, English will force the price of a bitcoin down, up to, a number of comments on the principle of acceptance and approval.

See also  Goldman Sachs admits that Bitcoin is real money, citing cases of use in developing countries