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Economist Says Bitcoin Isn’t Too Big to Fail — Warns BTC Can Only Establish Itself if Governments Allow It

Allianz’s chief economic advisor Mohamed El-Erian says that bitcoin is not too big to fail and that governments may intervene. While he believes that cryptocurrency will grow in popularity, the economist says “it takes away a lot from governments,” adding that this asset “can only establish itself if governments allow it to.” Economist Warns of […] дальше »

2021-4-8 00:30


Trump's former economic advisor explains why Bitcoin is not a 'reliable store of value'

On its way down, the price of Bitcoin often comes across many bearish sentiments claiming why the asset should not be trading high in the first place. In one such outlook, economic advisor to former PThe post Trump's former economic advisor explains why Bitcoin is not a 'reliable store of value' appeared first on AMBCrypto. дальше »

2021-3-17 00:30


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US Government Won’t Allow Corporates to Keep Replacing Dollars With Bitcoin, Warns Investment Advisor

Dan Nathan, the founder of Risk Reversal Advisors, says that the U.S. government will not keep allowing corporations like Elon Musk’s Tesla to replace dollars with bitcoin. They won’t “let the dollar fall away from being the reserve currency for the world,” which could happen if corporations keep replacing dollars in their balance sheets with […] дальше »

2021-2-15 04:15


It’s Not a Top, Bitcoin in a “Rational Bubble” says Allianz Economic Advisor

“The path of this resistance for this money is up, don't get in the way of massive liquidity,” said Mohamed El-Erian, according to whom Tesla buying BTC “will build further momentum.” The post It’s Not a Top, Bitcoin in a “Rational Bubble” says Allianz Economic Advisor first appeared on BitcoinExchangeGuide. дальше »

2021-2-9 20:22


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Pakistan to Set up Two State-Owned Bitcoin Mining Farms to Help Boost Economy

The government of Khyber Pakhtunkhwa (KP), the third largest of Pakistan’s four semi-autonomous provinces, is setting up two state-backed bitcoin mining farms, local media reported last week. Ziaullah Bangash, advisor to the chief minister of KP on Science and Information Technology, said the provincial parliament passed a bill allowing the KP government to use its […] дальше »

2021-1-14 10:30