Allianz Economic Advisor Says Argument for Bitcoin Is Evolving — More Compani...
Allianz’s chief economic advisor, Mohamed El-Erian, says that the argument for investing in bitcoin has reached a pivot point. He sees more companies following Tesla’s example and embracing bitcoin as an investment vehicle as well as a form of payment. Allianz’s Economic Advisor Says the Argument for Bitcoin Is Now Positive Economist Mohamed El-Erian has highlighted key reasons for investing in bitcoin in an interview with CNBC last week. El-Erian, an Egyptian-American businessman, is President of Queens’ College, Cambridge University. He is also chief economic....
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Mohamed El-Erian, Chief Economic Advisor for Allianz, took an interview with CNBC to discuss the rising price of bitcoin, inflation rates, and possible recession.
Allianz Chief Economic Advisor Mohamed El-Erian says that the Federal Reserve’s response to inflation will cause the prices of cryptocurrencies, like bitcoin, to “go higher.” He noted: “That’s what you get when you’ve waited too long to recognize what inflation is and to take action.”
Predictions by Allianz’s Chief Economist
Economist Mohamed El-Erian discussed the U.S. economy, the markets, and the Federal Reserve’s response to inflation in an interview with CNBC Monday.
El-Erian is the president of....
Earlier this month, blockchain startup Everledger joined the latest class of a startup accelerator owned by insurance and financial services company Allianz France. Everledger, which uses a blockchain as a distributed registry for diamonds, is set to work with Allianz France, a subsidiary of Germany-based Allianz, to explore the technology even further. Sylvain Theveniaud, managing director for the Allianz accelerator, said in a recent interview that his company sees promise in the blockchain and will work with Everledger to develop proofs-of-concept as part of a research initiative. By....
Mohamed El-Erian, chief economic advisor at financial services company Allianz, says that bitcoin is not going to be a global currency and will not replace the U.S. dollar. However, he believes the cryptocurrency will always exist in the ecosystem and will not be regulated out of existence.
Bitcoin Won’t Become Global Currency Rivalling US Dollar, Says Economist El-Erian
Famed economist Mohamed El-Erian talked about the future outlook for cryptocurrencies, particularly bitcoin, in an interview with CNBC Monday.
El-Erian is the chief economic advisor at Allianz,....
A former top economic advisor to President Donald Trump and president of Goldman Sachs has shared his view about bitcoin. He claims that the cryptocurrency “lacks some of the basic integrity of a real market,” warning that it “may fail.” Gary Cohn Thinks Bitcoin May Fail Former White House chief economic advisor Gary Cohn said in an interview with Bloomberg’s Emily Chang, published Monday, that bitcoin “may fail.” Cohn served as president and chief operating officer of Goldman Sachs for 26 years. He left the firm in 2016 to become President Donald....