DigitalMoneyBox Signal Desk
DigitalMoneyBox Crypto market intelligence
Browse sections
Cryptocurrency Bitcoin Ethereum Briefings Blockchain Security Mining Altcoin Research NFT
Timeline Hourly market signal stream Sources Publisher health and coverage Topics Curated crypto topic hubs Entities Assets, firms, people, regulators Media Kit Audience and placement options Search Advanced archive filters
Cryptocurrency Cryptonews

Did Magical Thinking Born of Financial Crisis Fuel Rise of Crypto – Was it Actually Realistic Thinking?

Cryptocurrencies are "a manifestation of a magical thinking" born out of a financial crisis, said a finance professor. But there could be something very real behind it. Though not intentionally, the professor may have ma...

38 /100
Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Did Magical Thinking Born of Financial Crisis Fuel Rise of Crypto – Was it Actually Realistic Thinking?
Cryptocurrencies are "a manifestation of a magical thinking" born out of a financial crisis, said a finance professor. But there could be something very real behind it. Though not intentionally, the professor may have made a case for the 'financial crisis' being ever-present as cracks in the system persist. 
In his opinion for The New York Times, Mihir A. Desai,  a professor at Harvard Business School and Harvard Law School, writes that,...
Read More: Did Magical Thinking Born of Financial Crisis Fuel Rise of Crypto – Was it Actually Realistic Thinking?

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cryptonews

Related market context