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Harvard Economist claims to make the prices from Bitcoin



Kenneth Rogoff, a professor and economist at Harvard University, said Tuesday that the price potential of Bitcoin is higher than that of cryptocurrencies that are traded in contracts of $ 100,000 and up.




CNBC's Rogoff said: "I think Bitcoin deserves a little break, which is now when we go out of the market for ten years. I'll see that $ 100 is probably much more than $ 100,000, ten years." . "




The former head of the International Monetary Fund said: "If the possibility of money laundering and tax evasion is eliminated, its real applications are minimal as a means of transactions."




Various unauthorized transactions have been combined with Bitcoin, which differs in the percentage of use of the digital currency used for illegal activities. According to Shawn Anstee, co-founder and director of the Blockchain Intelligence Group, she calculated that the level of illegal transactions dropped to 20 percent in 2016 and was much lower than in 2017.




Rogoff said that the rules introduced by the government are lower bitcoin prices, although he emphasized that it takes time to develop a global regulatory framework.




"It has to be a global list. Even if America is divided, China is divided, but Japan can't, people can still launder money with Japan," he said.




According to the industry site Cosinkesk, Bitcoin traded the Asian morning business for the Asian morning business on Tuesdays. The price of the digital currency has dropped from more than $ 19,000 in December of last year.




Authorities behave negatively with Bitcoin regulation, so the technology behind the digital currency is expected, according to Rogoff.




"They want to see technological progress," Rogoff said, saying that the private sector has historically designed everything "in the history of the currency, from a single currency to a currency and a currency."




Bitcoin is an important growth area as an application of blockchain technology, which can store and record transactions.




However, in the past, it was also intended to reduce the prices of Bitcoin. Before selling Bitcoin last year, Rogoff said last October that estimates of the digital currency “are disrupted by governments' experiments with chamber regulation.

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