“Bitcoin will not cost more than $ 100 in a decade,” according to former IMF economist Kenneth Rogoff.

“Bitcoin will not cost more than $ 100 in a decade,” according to former MFI Economist Kenneth Rogoff.

Ensures that no actual uses bitcoin payment, apart from money laundering and tax evasion.

It convinced shown that Satoshi Nakamoto will collapse, whatever the development of blockchain.

The mood of investors in the market has turned negative criptodivisas Wednesday. After several days of marginal increases and a clear fluctuation range of bitcoin, the yields of Satoshi Nakamoto $ 1,000 price and precipitated by 7% to $ 10,500. This negative price action coincides with statements by Harvard economist Kenneth Rogoff has predicted that will not be worth more than $ 100 in a decade.

Also a former economist at the International Monetary Fund (IMF) has presented a position that could be described as ultra-bearish and collides with other provisions that augur appreciations 10 times the current price at the same time. Instead, Rogoff sees “more likely to reach this price than $ 100,000 in 10 years,” said CNBC.

Like other critics, such as the Governor of the Bank of England, Mark Carney, Rogoff noted that the bitcoin has failed in the primary mission of any currency, which is to serve as a means of payment because “no uses for Satoshi Nakamoto “. Mimicked other negative comments for the currency, as the founder of Microsoft, Bill Gates, has indicated that bitcoin is only used for “tax evasion and money laundering”.

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