Cryptocurrency Q&A Why don't economists like Bitcoin?

Why don't economists like Bitcoin?

SumoStrength SumoStrength Wed Nov 27 2024 | 5 answers 495
I've heard that economists generally have a negative view on Bitcoin. I'm curious to know the reasons behind their dislike for this digital currency. Could it be related to its volatility, decentralization, or impact on traditional economic systems? Why don't economists like Bitcoin?

5 answers

SakuraBloom SakuraBloom Fri Nov 29 2024
He argues that the valuation of Bitcoin and other cryptocurrencies is uncertain and fragile.

Was this helpful?

70
51
SamuraiWarriorSoulful SamuraiWarriorSoulful Fri Nov 29 2024
Krugman's stance on cryptocurrency is consistent and well-known among economic circles.

Was this helpful?

119
70
Chiara Chiara Fri Nov 29 2024
Paul Krugman, an economist who has been honored with the Nobel Prize, holds a skeptical view towards Bitcoin and cryptocurrency.

Was this helpful?

81
56
Martina Martina Fri Nov 29 2024
BTCC, on the other hand, is a prominent cryptocurrency exchange that offers a range of services.

Was this helpful?

81
53
Bianca Bianca Fri Nov 29 2024
Krugman believes that these digital tokens lack a tangible economic purpose.

Was this helpful?

144
27

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts