Economist Slams ECB Chief Lagarde’s Bitcoin Remarks as Dangerous for Cryptocu...

Economist Slams ECB Chief Lagarde’s Bitcoin Remarks as Dangerous for Cryptocu...

Responding to European Central Bank (ECB) President Christine Lagarde’s recent remarks about bitcoin, the chief economist at investment firm Tressis said what Lagarde implied was “outrageous” and “dangerous” for cryptocurrency regulation. Economist Says Governments Would Be Happy to Implement Strict Crypto Regulations Daniel Lacalle, fund manager and chief economist at Tressis Gestion, commented on Christine Lagarde’s recent remarks about bitcoin and crypto regulation in an interview with NTD Business on Sunday. Tressis Gestion provides investment....


Related News

UBS Chief Economist Says ‘Bitcoin Is Denied to Minority Groups Who Have Reduc...

A chief economist at UBS, the largest bank in Switzerland, sees a number of problems with bitcoin. In attempting to answer the question of whether the cryptocurrency defies the zeitgeist, he claims that “bitcoin is denied to those minority groups who have reduced online access.” UBS Chief Economist Sees Multiple Problems With Bitcoin Paul Donovan, Chief Economist of UBS Global Wealth Management, published a weekly update entitled “Does Bitcoin defy the Zeitgeist?” on the UBS website Friday outlining a number of issues he sees with the cryptocurrency. UBS is the....

UBS: Crypto Has Fundamental Flaw, Bitcoin’s Fixed Supply Could Cause Its Valu...

A chief economist at UBS, the largest bank in Switzerland, says cryptocurrency has a fundamental flaw. Bitcoin’s fixed supply could cause the collapse of its value and spending power, making it unattractive to use as a currency, he claims. A UBS Chief Economist Says Bitcoin’s Fixed Supply Is a ‘Fundamental Flaw’ Paul Donovan, Chief Economist of UBS Global Wealth Management, explained last week why people won’t want to use bitcoin as a currency. UBS is the largest bank in Switzerland. “The debate about bitcoin and other crypto tends to be very passionate.....

BoE Chief Economist Admits Financial Forecasts Are Usually Wrong

Any chief economist will always favor an outcome positively affected the institution they work for. Financial experts and chief economists are often tasked with gauging the potential impact of a situation. The Bank of England’s Chief Economist made a grave miscalculation as far as the Brexit is concerned. Andrew Haldane admits his forecasts are incorrect, and his profession needs to adapt to regain public trust. Irrational behavior is hardly ever accounted for in the financial sector, even though it is a valuable indicator. Chief economists are slowly becoming a dying breed. Financial....

Why GDAX CEO Brian Armstrong Is Not Turning His Back on Bitcoin

While these comments have not sparked any significant debate over the past five to six weeks, they are popping up once again now that GBAX will add support for Ethereum. The Coinbase exchange platform will be going through several changes over the coming months, as they will rebrand to GDAX and add two new cryptocurrencies. Ethereum support has already been confirmed, and it seems very likely Litecoin will be added as well. But what does this mean for Bitcoin? Is GDAX Pivoting Away From Bitcoin? That seems to be the primary question on everybody’s mind. Brian Armstrong, the GDAX CEO, has....

VP Mike Pence’s New Chief Economist is a Bitcoin Supporter

Bitcoin supporter Mark Calabria from the Cato Institute has been selected to serve as Chief Economist for Vice President Mike Pence. Bitcoin-Supporter to Advise Mike Pence. The Vice President of the United States, Mike Pence, has selected a well-known libertarian and Bitcoin advocate, Mark Calabria, as his chief economist. Having also previously worked for the Senate Banking Committee, Calabria is best known as the former director of financial regulation studies at the Cato Institute. He is also an outspoken advocate of free markets, housing reform and alternative currencies. He expressed....