On July 4th, Steve Hanke, an economist at John Hopkins University and foreign exchange trader, said that he doesn’t think Bitcoin is a currency. “#Bitcoin is not a currency, it is a speculative asset. In order for a #crypto-“currency” to be an actual currency, it must be tied to gold,” Hanke commented, attaching the image below to his ... The well-known economist Steve Hanke believes that Bitcoin is actually a speculative asset, rather than real currency, so let’s read more on what he thought in the Bitcoin news today.. If you have read Satoshi Nakamoto’s original whitepaper, the takeaway is that BTC is a currency: “We have proposed a system for electronic transactions without relying on trust. Wirtschaftswissenschaftler widerlegt die Aussage, dass Bitcoin eine Währung ist. Am 4. Juli sagte Steve Hanke, ein Wirtschaftswissenschaftler an der John Hopkins Universität und Devisenhändler, dass er Bitcoin nicht für eine Währung hält. “#Bitcoin ist keine Währung, es ist ein spekulativer Vermögenswert. Damit eine #Krypto ... Many of them are highly respected economists and other financial professionals in the traditional finance space and to that end, Steve Hanke has said that bitcoin is a crazy investment but is a believer that blockchain could be integrated to create real viable and efficient assets. Binance Coin, Zcash, Dash Price Analysis: 05 October. 5 October 2020. News. Bitcoin Is for Suckers, Says Professor Steve Hanke. 5 October 2020. News. Bitcoin Technical Analysis: BTC/USD Poised For Recovery Above… 5 October 2020. News. Cardano’s Charles Hoskinson Clarifies A Controversial Comment Involving… 5 October 2020. News. Tron’s (TRX) DeFi Transaction Volume Increased by 2,577% ... Steve Hanke, an applied economist at Johns Hopkins University, has dismissed Bitcoin as a ‘highly speculative’ asset in his recent tweet.. image by @steve_hanke. For crypto to become a legitimate cryptocurrency, it has to be tied to a basket of commodities, according to the professor.
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