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3232Steve Hanke Blasts Strategic Bitcoin Reserve Concept: ‘The Stupidest Idea’
https://www.digit.info/steve-hanke-blasts-strategic-bitcoin-reserve-concept-the-stupidest-idea/
Tue, 07 Jan 2025 12:30:02 +0000https://www.digit.info/steve-hanke-blasts-strategic-bitcoin-reserve-concept-the-stupidest-idea/Read more]]>Steve Hanke, professor of applied economics at Johns Hopkins University, has heavily criticized a possible strategic bitcoin reserve move in the U.S. Hanke stated that it is a stupid idea and would put “a drag” on the economy. Economist Steve Hanke Opposes Strategic Bitcoin Reserve Proposal Old-school economists have started criticizing the idea of allocating […]
]]>Economist Steve Hanke: Research Finds Crypto Owners Are Psychopaths
https://www.digit.info/economist-steve-hanke-research-finds-crypto-owners-are-psychopaths/
Fri, 30 Aug 2024 05:30:24 +0000https://www.digit.info/economist-steve-hanke-research-finds-crypto-owners-are-psychopaths/Read more]]>Economist Steve Hanke cited a University of Toronto study that links cryptocurrency ownership to traits of the “Dark Tetrad,” including psychopathy, narcissism, Machiavellianism, and sadism. According to the research, crypto owners exhibit psychopathic tendencies, he explained. Study Links Crypto Ownership to Psychopathic Traits Economist Steve Hanke highlighted research from the University of Toronto this week, […]
]]>Latam Insights: Bolivia Mulls Chinese Yuan for Trade Settlements, Steve Hanke Proposes 30-Day Solution for Venezuelan Inflation
https://www.digit.info/latam-insights-bolivia-mulls-chinese-yuan-for-trade-settlements-steve-hanke-proposes-30-day-solution-for-venezuelan-inflation/
Mon, 15 May 2023 06:05:00 +0000https://www.digit.info/2023/05/15/latam-insights-bolivia-mulls-chinese-yuan-for-trade-settlements-steve-hanke-proposes-30-day-solution-for-venezuelan-inflation/Read more]]>Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia mulls using the Chinese yuan in international trade settlements, inflation reaches 108.8% in Argentina, and Steve Hanke states he can eliminate Venezuela’s inflation in 30 days. Bolivia Mulls Using […]
]]>Latam Insights — Steve Hanke Advocates Dollarization in Argentina, Bitcoin City Plans Unclear in El Salvador, Sunacrip Implicated in Venezuela Layoffs
https://www.digit.info/latam-insights-steve-hanke-advocates-dollarization-in-argentina-bitcoin-city-plans-unclear-in-el-salvador-sunacrip-implicated-in-venezuela-layoffs/
Mon, 01 May 2023 08:19:56 +0000https://www.digit.info/2023/05/01/latam-insights-steve-hanke-advocates-dollarization-in-argentina-bitcoin-city-plans-unclear-in-el-salvador-sunacrip-implicated-in-venezuela-layoffs/Read more]]>Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, economist Steve Hanke calls to dollarize Argentina, Bitcoin City plans are still not formalized in El Salvador, and Venezuelan crypto watchdog Sunacrip is allegedly involved in mass layoffs. Steve Hanke […]
]]>Steve Hanke Blasts Bitcoin: It Is ‘Not a Currency’ and Has a ‘Fundamental Value of Zero’
https://www.digit.info/steve-hanke-blasts-bitcoin-it-is-not-a-currency-and-has-a-fundamental-value-of-zero/
Tue, 28 Mar 2023 10:00:07 +0000https://www.digit.info/2023/03/28/steve-hanke-blasts-bitcoin-it-is-not-a-currency-and-has-a-fundamental-value-of-zero/Read more]]>Steve Hanke, professor of applied economics at Johns Hopkins University, has criticized bitcoin, stating it is not a currency. The economist, known for his vocal opinions about crypto and for the promotion of dollarization initiatives in Latam, blasted bitcoin, saying it has a “fundamental value of zero,” and that it is a “highly speculative asset.” […]
]]>Professor Steve Hanke Says US Economy Was Flat Over the Last Year, but Stresses ‘It’s Going to Hit South’
https://www.digit.info/professor-steve-hanke-says-us-economy-was-flat-over-the-last-year-but-stresses-its-going-to-hit-south/
Sun, 30 Oct 2022 22:30:46 +0000https://www.digit.info/2022/10/30/professor-steve-hanke-says-us-economy-was-flat-over-the-last-year-but-stresses-its-going-to-hit-south/Read more]]>Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big recession” will take place in 2023. Speaking in an interview on Oct. 28, Hanke said that he updated the probability of a U.S. recession to […]
]]>Lebanon Inflation Rate Surges to 211%, Economist Steve Hanke Recommends a Currency Board
https://www.digit.info/lebanon-inflation-rate-surges-to-211-economist-steve-hanke-recommends-a-currency-board/
Sun, 26 Jun 2022 07:30:45 +0000https://www.digit.info/2022/06/26/lebanon-inflation-rate-surges-to-211-economist-steve-hanke-recommends-a-currency-board/Read more]]>As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black Market in Fuel Driving Inflation The inflation rate in crisis-torn Lebanon […]
]]>El Salvador to Add More Geothermal Energy Sources to Power Bitcoin City
https://www.digit.info/el-salvador-to-add-more-geothermal-energy-sources-to-power-bitcoin-city/
Tue, 11 Jan 2022 10:30:02 +0000https://www.digit.info/2022/01/11/el-salvador-to-add-more-geothermal-energy-sources-to-power-bitcoin-city/Read more]]>The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin City, which will be financed with the earnings of the so-called “volcano bonds.” Bukele stated there are high chances of finding a well in the […]
]]>Twitter CEO Jack Dorsey Warns Hyperinflation Will Soon Happen in US and the World
https://www.digit.info/twitter-ceo-jack-dorsey-warns-hyperinflation-will-soon-happen-in-us-and-the-world/
Mon, 25 Oct 2021 01:49:40 +0000https://www.digit.info/2021/10/25/twitter-ceo-jack-dorsey-warns-hyperinflation-will-soon-happen-in-us-and-the-world/Read more]]>Twitter and Square CEO Jack Dorsey has warned that hyperinflation will soon happen in the U.S. and elsewhere in the world. “Hyperinflation is going to change everything. It’s happening,” he predicted. Many people disagreed with him, however. US Will Soon Experience Hyperinflation, Says Twitter CEO Jack Dorsey The CEO of Twitter and Square Inc., Jack […]
]]>Salvadoran President Nayib Bukele Taunts Economist Steve Hanke After Bitcoin’s Price Skyrockets
https://www.digit.info/salvadoran-president-nayib-bukele-taunts-economist-steve-hanke-after-bitcoins-price-skyrockets/
Sun, 17 Oct 2021 17:00:19 +0000https://www.digit.info/2021/10/17/salvadoran-president-nayib-bukele-taunts-economist-steve-hanke-after-bitcoins-price-skyrockets/Read more]]>On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces “financial ruin” with “Bukele at the helm,” after El Salvador’s […]
Steve Hanke, professor of applied economics at Johns Hopkins University, has heavily criticized a possible strategic bitcoin reserve move in the U.S. Hanke stated that it is a stupid idea and would put “a drag” on the economy. Economist Steve Hanke Opposes Strategic Bitcoin Reserve Proposal Old-school economists have started criticizing the idea of allocating […]
]]>
Economist Steve Hanke cited a University of Toronto study that links cryptocurrency ownership to traits of the “Dark Tetrad,” including psychopathy, narcissism, Machiavellianism, and sadism. According to the research, crypto owners exhibit psychopathic tendencies, he explained. Study Links Crypto Ownership to Psychopathic Traits Economist Steve Hanke highlighted research from the University of Toronto this week, […]
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Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, Bolivia mulls using the Chinese yuan in international trade settlements, inflation reaches 108.8% in Argentina, and Steve Hanke states he can eliminate Venezuela’s inflation in 30 days. Bolivia Mulls Using […]
Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue, economist Steve Hanke calls to dollarize Argentina, Bitcoin City plans are still not formalized in El Salvador, and Venezuelan crypto watchdog Sunacrip is allegedly involved in mass layoffs. Steve Hanke […]
Steve Hanke, professor of applied economics at Johns Hopkins University, has criticized bitcoin, stating it is not a currency. The economist, known for his vocal opinions about crypto and for the promotion of dollarization initiatives in Latam, blasted bitcoin, saying it has a “fundamental value of zero,” and that it is a “highly speculative asset.” […]
Amid the chaotic economy, plagued with central bank tinkering, supply chain issues, and red-hot inflation, the professor of applied economics at Johns Hopkins University, Steve Hanke believes a “pretty big recession” will take place in 2023. Speaking in an interview on Oct. 28, Hanke said that he updated the probability of a U.S. recession to […]
As political leaders in crisis-hit Lebanon bicker over positions in the yet-to-be-formed government, the country’s runaway inflation rate surged to 211% in May 2022, new data has shown. Economist Steve Hanke insists that a currency board is a solution to Lebanon’s currency woes. Black Market in Fuel Driving Inflation The inflation rate in crisis-torn Lebanon […]
The president of El Salvador, Nayib Bukele, has confirmed that the country is making investments to secure a geothermal power source for the construction and operation of the upcoming Bitcoin City, which will be financed with the earnings of the so-called “volcano bonds.” Bukele stated there are high chances of finding a well in the […]
Twitter and Square CEO Jack Dorsey has warned that hyperinflation will soon happen in the U.S. and elsewhere in the world. “Hyperinflation is going to change everything. It’s happening,” he predicted. Many people disagreed with him, however. US Will Soon Experience Hyperinflation, Says Twitter CEO Jack Dorsey The CEO of Twitter and Square Inc., Jack […]
On October 15, the day bitcoin’s price surpassed the $60K per unit handle, Salvadoran president Nayib Bukele taunted the professor of applied economics at Johns Hopkins University, Steve Hanke, over his recent statements. At the time, the well known economist warned that El Salvador faces “financial ruin” with “Bukele at the helm,” after El Salvador’s […]