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Economist at the London School of Economics: Bitcoin's growth will lead to a dystopia

John-Danielsson-Bitcoins-growth-will-lead-to-a-dystopia John Danielsson | The Economist at the London School of Economics

John Danielsson argues that Bitcoin's continued growth will cause serious inequality in society and lead to a dystopian future. An economist at one of London's leading universities said that if Bitcoin and other cryptocurrencies continue to rise in price, inequality in society will increase. Director of the Center for Systemic Risk at the London School of Economics, Jon Danielsson, published a column for the VoxEU Center for Economic and Policy Research titled "What Happens If Bitcoin Succeeds?"

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DCTDAO PRESS RELEASE

PRESS-RELEASE-DCTDAO DCTDAO PRESS RELEASE

DCTDAO is the first Quantum Proof Cross-Chain DEX, including Polkadot and more. The Next Evolution of Quantum Proof, Cross-Chain trading. Built on Polkadot, Moonbeam and DCore. Backed by some of the biggest minds in the Blockchain Industry, including one of the DLT pioneers; DECENT, DCTDAO is poised to revolutionise trading in an ever more expensive, slow and unsafe crypto trading environment. 

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RBC Capital Markets: Apple needs to buy more BTC and develop a cryptocurrency exchange

Mitch-Steves-Apple-needs-to-buy-BTC Mitch Steves | RBC Capital Markets analyst

Analysts at investment bank RBC Capital Markets believe that after launching its own cryptocurrency exchange, Apple will be able to earn more than $ 40 billion a year.

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Bill Miller: Bitcoin is the only asset with such growth potential and liquidity

Bill-Miller-Bitcoin-is-the-only-asset Bill Miller | Billionaire and Miller Value Partners founder

Billionaire and Miller Value Partners founder Bill Miller has once again come out in support of Bitcoin. He also talked about the reasons for buying bonds from MicroStrategy.

In a Q4 2020 report to Miller Value Partners, the founder of the firm said 0.75% of its assets were invested in convertible bonds of MicroStrategy. This company has invested over $ 1 billion in Bitcoin.

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Scott Minerd confirms Bitcoin growth forecast to $ 400,000

Scott-Minerd-confirms-Bitcoin-growth-forecast Scott Minerd | Guggenheim Partners' chief investment officer

Guggenheim Partners' chief investment officer Scott Minerd confirmed his forecast for Bitcoin at $400,000, but warned of a possible correction in BTC.

Scott Minerd noted that the market situation is likely to develop similar to the situation after the Spanish flu in 1918. Then, after the end of the epidemic, the economy began to develop rapidly. Although the epidemic affected the market, it did not affect gold prices.

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Joe Biden plans to appoint Gary Gensler as chairman of the SEC

Joe Biden plans to appoint Gary Gensler as chairman of the SEC Gary Gensler - former CFTC chairman

New US President Joe Biden may appoint former CFTC chairman Gary Gensler, who is well versed in the cryptocurrency industry, as SEC chairman.


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Bill Miller: "The higher the price of Bitcoin, the lower the risk"

Bill-Miller-the-higher-the-price-of-Bitcoin Bill Miller | Major American investor

Major American investor and fund manager Bill Miller spoke again about Bitcoin and said that as the price of BTC rises, the associated risks will decrease.

In an interview on CNBC, Bill Miller commented on the rise of Bitcoin and expressed his attitude towards the first cryptocurrency:

"One of the things that's interesting about Bitcoin is that it gets less risky the higher it goes," Miller told CNBC Friday. "That's the opposite of what happens with most stocks."

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Mayor of Miami: Bitcoin proved to be a stable investment in an unstable year

Francis-Suarez-Bitcoin-proved-to-be-a-stable Francis Suarez | Mayor of Miami

  The Mayor of the American city of Miami, Francis Suarez, said that Bitcoin became one of the most stable investments in an unstable 2020. 

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Founder of Nexus Mutual lost $ 8.4 million after the Wallet Hack

Founder-of-Nexus-Mutual-lost--8-4-million Hugh Karp | Founder of Nexus Mutual

Hugh Karp, founder of the DeFi platform Nexus Mutual, revealed details about a recent hack in his wallet, which resulted in the loss of 370,000 NXM worth $ 8.4 million.

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Scott Minerd: Bitcoin should be worth $400,000

Scott-Minerd-Bitcoin-should-be-worth-400k Scott Minerd | Investment director of Guggenheim Partners

According to Scott Minerd, investment director of Guggenheim Partners, fundamental analysis carried out by the firm's specialists speaks of the fair price of Bitcoin at $400,000.


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