August 20, 2025

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Harvard Professor and Ex-IMF Chief Economist Offers Excuses for Misjudging Bitcoin a Decade Ago

1 min read
Harvard Professor and Ex-IMF Chief Economist Offers Excuses for Misjudging Bitcoin a Decade Ago
Harvard Professor and Ex-IMF Chief Economist Offers Excuses for Misjudging Bitcoin a Decade AgoIn a recent social media post, Kenneth Rogoff, a former Chief Economist at the International Monetary Fund (IMF), reflected on his earlier prediction that bitcoin was more likely to be valued at $100 than $100,000. Rogoff, a Professor of Economics at Harvard University, acknowledged that he underestimated the U.S. government’s willingness to implement sensible cryptocurrency […]