American economist, Nobel laureate, as well as ardent cryptocurrency skeptic Paul Krugman once again criticized the cryptocurrency and its supporters.
Krugman, who previously called Bitcoin "evil", said that the cryptocurrencies are the embodiment of economic regression that discards the financial system for 300 years ago. According to him, in Bitcoin, he is confused by two things: transactional costs and "no binding".
Bitcoin is a social phenomenon, whose popularity differs by geographic regions, says Robert Schiller, an American economist, author of popular economic books, and winner of the Nobel Prize in Economics.
"The East Coast is less into it than the West Coast," Shiller said Tuesday in a Bloomberg Television interview with Tom Keene and Guy Johnson. "Silicon Valley is really into it. This to me shows that this is not a rational response to new information." he said.
Despite the fact that Lloyd Blankfein does not own Bitcoins (as well as his investment bank), Goldman Sachs believes that critics should not ignore the future of the first and most important cryptocurrency. During a speech at the event The Economic Club of New York, Blankfein demonstrated an optimistic attitude towards the digital currency. CEO Goldman Sachs announced the possibility of a future in which Bitcoin and other cryptocurrencies will squeeze out official money - just like the Fiats once replaced gold and precious metals.
Steve Wozniak, co-founder of Apple Computers, shares the view of Twitter CEO Jack Dorsey, who believes that Bitcoin will dislodge altcoins from the market.
"I buy into what Jack Dorsey says, not that I necessarily believe it's going to happen, but because I want it to be that way, that is so pure thinking, "he said.
Tim Draper, an American venture capitalist and founder of Draper Fisher Jurvetson (DJF), made another statement on Bitcoin on CNBC's "Closing Bell" television show on Thursday.
As it became known from four sources who wished to remain anonymous, the managing company of the New York Stock Exchange (NYSE), Intercontinental Exchange (ICE), is working to create a platform for online trading that will allow large investors to buy and sell Bitcoins. Recently, Goldman Sachs Bank announced its intention to launch trading futures for Bitcoins first, and later allow its customers to trade Bitcoins.
Pantera Capital Management, one of the leading investors in the cryptocurrency industry, expressed a "firm belief" that Bitcoin had found its bottom mark. The fund assumes that the price of $ 6,500 will be the lowest indicator of the current bear market, and also predicts that the markets are likely to reach new record highs within 12 months. About this Pantera Capital, an investment company operating exclusively in the industry of cryptocurrency and blockchain, said in a letter published on the website Medium. Pantera refers to a number of factors, explaining prediction.
The founder of the hedge fund Tetras Capital and former economist of Goldman Sachs Bank Brendan Bernstein argues that Bitcoin will help to burst the bubble of traditional finance. In a tweet on April 10, Bernstein supported the position of Bitcoin Foundation director Jon Matonis, who disagreed with the statements that Bitcoin is an economic bubble.
The world-famous ex-employee of the NSA and unmasker Edward Snowden gave an interesting and extensive interview to Peter Van Valkenburgh during the conference "The Blockstack 2018" in Berlin.
