Steve Hanke, an economist, takes another shot at Bitcoin

Steve Hanke, an economist, takes another shot at Bitcoin

Steve Hanke, a vocal Bitcoin opponent and renowned economist at Johns Hopkins University, has taken to Twitter once again to attack Bitcoin. He has emphasised again again that Bitcoin is very speculative, cautioning the community to avoid it. He went on to say that the BTC price is usually a rollercoaster ride for investors and […]

An Economist at Johns Hopkins University calls Bitcoin a ‘Snake Oil’

Economist at Johns Hopkins University calls Bitcoin a ‘Snake Oil’

As much as there are Bitcoin lovers, there are also those who do not buy the idea of the cryptocurrency, some people have attributed their dislike for it to be due to its volatile nature and susceptibility to fraud. In a recent attack, Steve Hanke, an economist at Johns Hopkins University , slammed Bitcoin. Hanke […]