【Harvard Professor Rogoff Admits Underestimating Bitcoin's Value】Golden Finance reports that Harvard University economics professor and former chief economist of the International Monetary Fund Kenneth Rogoff reflects on his prediction error from 2018. At that time, he predicted that Bitcoin was more likely to be worth $100 rather than $100,000 within ten years, but now Bitcoin's actual price has surpassed $113,000, growing more than tenfold since 2018. Rogoff stated that he was "too optimistic about the United States establishing reasonable cryptocurrency regulations," and he underestimated Bitcoin's role in the $20 trillion global underground economy, which has supported Bitcoin's price. He also criticized the "obvious conflict of interest" between regulators and cryptocurrencies, stating that regulators hold hundreds of millions or even billions of dollars in cryptocurrencies without facing any consequences.