Historian Neil Ferguson admits he continues to regret criticism of bitcoin in the past
Famous British historian of the field of finance and the author of the book “Climbing money ”Neil Ferguson admitted that he was wrong when he criticized bitcoin and blockchain in the past, calling their “A complete illusion”.
“If I only listened son, I could increase dollar the value of my investment 45 times or, if anything, would get profit at the rate of 4 436%. The moral is this: when it comes to technology, you need to pay tribute to teenagers, “he wrote in late 2017..
In the same publication, Ferguson mentioned that he should have regarded critical statement American economist Paul Krugman as a signal to buy bitcoin, because “this was the one the same Krugman, which the in 1998 year talked about “the coming big slowdown in the growth of the Internet,” as the reason, pointing out that “most people have nothing to say to each other” “.
According to Ferguson, who is he expressed on background of the rapid growth of cryptocurrency rates in 2017, even after Togo as the bubble bursts, bitcoin will continue to function funds accumulation, and blockchain will be be used “for implementation of the most diverse transactions“.
Ferguson’s latest statements show Tom, what from their renewed views, he did not refuse, and after a significant depreciation cryptocurrencies, which earlier he considered in quality one of the possible scenarios.