Posts Tagged Economist

Bitcoin Is a ‘Toxic Concept for Investors,’ Yale Economist Warns – Fortune

Bitcoin Is a 'Toxic Concept for Investors,' Yale Economist WarnsFortuneAdd another voice to the chorus calling bitcoin a dangerous bubble: that of Yale University senior fellow Stephen Roach. Roach, who also used to be Morgan Stanley's Asian chief, told CNBC that the cryptocurrency was a “dangerous speculative bubble by …and more » bitcoin – Google News


Citi’s Chief Economist: Bitcoin a Complete Failure; Davos Elites Talk Bitcoin & Blockchain

The World Economic Forum discussion on financial services at Davos in Switzerland this week centered around popular financial technology, including Bitcoin and the blockchain. While some of the Davos elite believed such intense focus on the emerging technology is premature, others believe the sector is swiftly growing and should be a consideration in the wake […]


Daily chart – The Economist (blog)

Financial Times Daily chartThe Economist (blog)If they approve, the winning miner gets a reward of 25 newly minted bitcoin (about $ 6,900 at current prices), which is the incentive for miners to provide computing power. Adjusting the difficulty of the puzzle ensures that the supply of new bitcoins …A bitcoin believer on its perils and […]