Harvard Professor and Ex-IMF Chief Economist Offers Excuses for Misjudging Bitcoin a Decade Ago

In a recent social media post, Kenneth Rogoff, a former Chief Economist at the International Monetary Fund (IMF), reflected on his earlier prediction that bitcoin was more likely to be valued at $100 than $100,000. Rogoff, a Professor of Economics at Harvard University, acknowledged that he underestimated the U.S. government’s willingness to implement sensible cryptocurrency […]