Why Economists Don’t Like Bitcoin (Part II)

Chart showing the decline of Bitcoin’s price in US dollars in recent weeks.

Last week I documented and looked at the reasons why economists don’t like Bitcoin. After this week, it is safe to say that more and more people are with them. That said, as I argued, the reasons economists give for not liking Bitcoin don’t really stack up with their own usual ways of looking at things. Namely, it is not…

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Joshua Gans

Joshua Gans

1.7K Followers

Skoll Chair in Innovation & Entrepreneurship at the Rotman School of Management, University of Toronto and Chief Economist, Creative Destruction Lab.