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Month: July 2019

Who said it?: “Bitcoin is nothing more than a ‘lottery ticket'”

The former chief economist of the IMF and current professor of economics and public policy at Harvard University, Kenneth Rogoff, believes that bitcoins and other cryptocurrencies currently represent little more than “lottery tickets” at this time. Writing in The Guardian on Monday, Rogoff said that while some believe that cryptocurrencies…

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Anti-cryptive environmentalists happy that Bitcoin is “becoming worthless”

Some ecologists cheerfully celebrate the current market for cryptographic bears, and say it is a sure sign that bitcoin is “becoming useless” and “will soon cease to exist”. And they have breathless the days that are missing for his disappearance. “Bitcoin is a colossal waste of energy. [and] soon there…

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