Kenneth Rogoff, former IMF chief economist, stated that the price of bitcoin would fall to $100 over a long-term. He said, “I would see $100 as being a lot more likely than $100,000 in ten years from now.” He further added that bitcoin for payment obligations is not of much use beyond tax evasion and money laundering.
Kenneth Rogoff estimates Bitcoin Price at $100IncryptsMar 07, 20180178
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