28 Dec '16, 9am

Ivy League Professor's Verdict on Death of Bitcoin: A Year After - CoinTelegraph

Ivy League Professor's Verdict on Death of Bitcoin: A Year After - CoinTelegraph

Almost a year after Ivy League professor Vivek Wadhwa pronounced the death of Bitcoin, the digital currency has never looked stronger. It reached its all-time high market cap and outperformed every other currency and assets in 2016. In consideration of Bitcoin’s recent price rally , it seems like an appreciable time to breakdown Wadhwa’s declaration of Bitcoin’s death. Illogical arguments and misconceptions Bitcoin was declared dead several times this past year, most notably by Nobel Prize winning economists and prestigious university professors. Wadhwa’s article entitled “R.I.P., Bitcoin. It’s time to move on ” was particularly interesting, considering his position at Harvard, Berkeley, University of California and Stanford as the professor of engineering, law and research. According to Wadhwa, Bitcoin was “born with serious flaws.” However, these aren’t technical flaws, ...

Full article: https://cointelegraph.com/news/ivy-league-professors-verd...

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