Harvard, Yale, Brown Endowments Have Been Buying Bitcoin for at Least a Year:...
University endowments that backed blockchain VCs in 2018 have started buying crypto directly from Coinbase.
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According to sources familiar with the matter, a number of Ivy League universities including the University of Michigan, Brown, Yale, and Harvard endowments have been discreetly purchasing cryptocurrencies. The prominent schools have been reportedly leveraging exchanges like Coinbase and other trading platforms. Prominent university endowments have been quietly purchasing digital currencies according to a report written by the financial columnist Ian Allison. The reporters detailed that “two sources” have explained that a number of well known colleges have been purchasing....
The brain trust has blessed cryptocurrencies, with endowments for Harvard and other universities reportedly lapping up digital assets. For bitcoin marketeers, it's a new $600B money pot.
Vikram Mansharamani is a lecturer in the Program on Ethics, Politics & Economics at Yale University who recently explained why Bitcoin is not in Bubble territory. Is There a Bitcoin Bubble That’s About to Pop? Mansharamani is a lecturer in the Program on Ethics, Politics & Economics at Yale University and a senior fellow at the Mossavar-Rahmani Center for Business and Government at the Harvard Kennedy School. He is also the author of “Boombustology: Spotting Financial Bubbles Before They Burst.” In a recent article in LinkedIn he asks: Is there a bitcoin bubble about to burst? He....
Is bitcoin’s historic rise headed for a major fall? Vikram Mansharamani, author of “Boombustology: Spotting Financial Bubbles Before They Burst” and a lecturer at the Harvard John A. Paulson School of Engineering and Applied Sciences at Yale University, analyzed the likelihood of a new bitcoin bubble in his LinkedIn post. Using five “lenses” he has developed, he concluded that bitcoin’s long-term outlook is positive. Mansharamani noted behavioral and informational issues distort price at any point in time, but such distortions tend to disappear since supply and demand markets are basically....
Harvard Professor of Economics and former Chief Economist at the International Monetary Fund (IMF) Kenneth Rogoff believes that governments will not allow bitcoin to flourish on a large scale. “The regulation will come in. The government will win,” he said. The professor also discussed the likelihood of a bitcoin bubble. Harvard Professor Warns of Strict Crypto Regulation Harvard University Professor Kenneth Rogoff shared some thoughts about bitcoin regulation during an interview on Bloomberg Surveillance last week. Rogoff is the Thomas D. Cabot Professor of Public Policy and a....