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Harvard paper to central banks: Buy Bitcoin

3 pointsby shaburnover 2 years ago

3 comments

rossdavidhover 2 years ago
The headline here, is a bit out of line with the described contents. It sounds more like, &quot;if you are a central bank that thinks there&#x27;s any chance of being sanctioned by the West, you might want to put some into Bitcoin, although gold is better if you can get enough&quot;. Considerably more nuanced.<p>Also, the described purpose of the paper was, &#x27;how much of a risk to the dollar is the use of sanctions?&#x27;, for which you first need to game out, from the point of view of a central bank, whether or not buying Bitcoin is a good idea.<p>All interesting stuff, but not much like the description of &quot;Harvard paper to central banks: Buy Bitoin&quot;. But then, I suppose &quot;Harvard paper describes why some central banks might have an incentive to buy Bitcoin&quot;, doesn&#x27;t get as many clicks?
Finnucaneover 2 years ago
It’s Ken Rogoff, so better check the math.
shaburnover 2 years ago
The Dollar is in trouble.
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