Economist Steve Hanke of Johns Hopkins University is well-known within the Bitcoin group for posting innumerable variations of the same tweet — “Bitcoin is too volatile and has a fundamental value of 0.” (I think he nonetheless hasn’t learn my essay on how to take into consideration Bitcoin’s worth.)
But in a current opinion piece, “How Innovative Is Crypto?”, Hanke tried his hand at some new arguments. The essay is subtitled, “The case for crypto as a driver of innovation is thin.” In it, Hanke purports to present that cryptocurrencies aren’t that progressive. Here, I’ll present how he fails.
We pioneer news media network covering news and events of the crypto space and the indispensable blockchain technology. It evolved with the aim to cater top-notch, authentic, and compelling stories to crypto enthusiasts.
Guided by the principles of ‘Honesty and Transparency,’ our team works 24/7 to deliver accurate, unprejudiced, and well-analyzed reports to news consumers around the world. We also envision to capture the crypto updates instantly, much before they become mainstream. Our professional ethics guide us to maintain a steadfast approach to all the happenings and corroborate every information through multiple resources.