Tag: economists

Aug 03 2022

Economies Are Much Too Complicated To Plan And Control

Bitcoin is the free market alternative to inept economists using their not-so- invisible hands to manipulate various economies across the globe.This is an opinion editorial by Max Borders, a well-published author and a contributor for Bitcoin Magazine.Well into the Great Recession, arch-Keynesian Paul Krugman wrote that what drew him to economics was, “...

Jun 09 2022

To The Bitcoin Skeptics, Are You Sure You Figured It Out?

Jun 09 2022 Published at Bitcoin Magazine under tags  critic culture economists fud opinion

Bitcoin is in the top 10 of largest base monies in the world. Demand for it will increase as fiat currencies debase. Are you sure it’s heading to zero?BitcoinActuary is an actuary based in the U.K. exploring Bitcoin.This is an article for your nocoiner friends, seeking to view bitcoin from a slightly different angle. Bitcoin is still around $30,000 and...

Oct 17 2021

On Confidently Misunderstanding Bitcoin: A Response To Steve Hanke

Oct 17 2021 Published at Bitcoin Magazine under tags  culture economists fud

The arguments against cryptocurrencies did not accurately reflect current data nor common understanding of terms.Economist Steve Hanke of Johns Hopkins University is well-known in the Bitcoin community for posting innumerable variations of the same tweet — “Bitcoin is too volatile and has a fundamental value of 0.” (I suspect he still...

Sep 28 2021

Why Does Academia Have A Bias Against Bitcoin?

What leads the institutions of higher learning to harbor such resentment toward the technology?Academia is no fan of Bitcoin. The vast majority of professors are hugely biased against it. For example, Professor of Economics Nouriel Roubini of New York University doesn’t even try to hide his intense hatred for Bitcoin. Roubini told Bloomberg that "the Flintstones had a better monetary...

May 17 2021

The Fiat Mindset: Why Most Economists Don’t Get Bitcoin

Modern economists are often vehemently opposed to bitcoin and its application as money - why is this?Josef Tětek is a SatoshiLabs and Trezor Brand Ambassador.It’s a tulip mania, a Ponzi scheme, a bubble about to burst. You’ve heard it all before. And not just from your nocoiner friends: This narrative has been pushed for years by many famous economists with a...

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