Harvard’s economist who expected Bitcoin’s collapse to $ 100 admits that he is wrong star-news.press/wp

At the same time, the clarity law transferred the jurisdiction of digital assets from the Supreme Council for Education to the Committee for the Trade of the Futures of Commodities, providing clearer roles in overseeing encrypted exchanges and merchants.

Rojov II’s miscalculation included the unexpected dominance of Bitcoin in the underground global economy.

Acknowledged not to be appreciated “How will Bitcoin compete with Fiat currencies to serve as a preferred intermediary in the global economy under the twenty -one trillion dollars.“

This demand creates a price for Bitcoin because it picks up the market share of traditional cash transactions.

The underground economy has historically relied on the US dollar money, but Bitcoin increases the increasingly served these markets that are not organized despite the constant organizational pressure.

This processing tool provides real value in addition to speculation, which undermines the original ROGOF assumption that removing illegal use cases would destroy bitcoin prices.

His third mistake involves reducing political conflict in interests.

Rojov expressed his amazement in “The position in which the organizers, especially the general organizer, will be able to hold hundreds of millions (if not billions) of dollars in the cryptocurrencies apparently without resulting, given the conflict of blatant interests.“

The Trump Empire is encrypting the economic conflict concerns

President Trump’s extensive possessions of encryption have demonstrated Rojov’s concerns about the conflict of organizational interests.

Trump maintains $ 1.2 billion of encryption wealth across many projects, including $ 430 million in various portfolios, $ 390 million of World Liberty Financial, and $ 315 million in his MEME.

Trump Media & Technology Group has approximately 18,430 Bitcoin with a value of $ 2.1 billion, and represents 40 % of the company’s market value and make it the sixth largest bitcoin holder in the world.

Trump’s accumulation timing is in line with the regulatory reforms of his administration, including the appointment of Crypto supporto officials and strategic Bitcoin backup plans.

Nearly 20 % of the current Trump advisors carry active coded currencies, including Vice President JD Vance and seven members of the cabinet with more than $ 2 million.

Democrats in the Financial Services Committee in the House of Representatives criticized Trump to re -write.The rules, then spent on the chaos that helped in its establishment“

The encryption industry has contributed more than $ 26 million in Trump’s Political Labor Committee, with the main donors including Blockchain.com ($ 5 million), Mark Andrink and Bin Horwitz ($ 3 million each), and Jimini Trust ($ 3 million).

These financial relations raise questions about the independence of politics, especially since the government is Bitcoin reserve initiatives.

Rojov, who changed his position, contradicts the other prominent skeptics who have maintained their positions despite the growth of encryption.

At that time, Warren Buffett continued to describe Bitcoin “in the name of the mice”, while Jimmy Damon maintained his “fraud” evaluation despite his recent softening towards Blockchain technology.

Likewise, Paul Crowgman and Charlie Monger were consistent critical, and Bitcoin refused to lack the fundamental value.

However, with regard to government participation, industry critics such as Zachxbt recently Argue The governmental accreditation contradicts the principles of independence in the encrypted currency.

Blockchain Investigator criticized how the industry has “normalization of normalization” while relying on non -adult law application often to restore stolen money.

Highlighting the ongoing structural problems that the government’s participation cannot solve, or even worse.