Even professors cannot predict what you can?
Harvard University economics professor and former chief economist of the International Monetary Fund, Kenneth Rogoff, reflects on his 2018 predictions about Bitcoin. In 2018, he predicted that Bitcoin would be more likely to be worth $100 in the next decade rather than $100,000. However, today, Bitcoin's actual price has exceeded $113,000, representing an increase of over 10 times since 2018, indicating a significant deviation between prediction and reality.
Rogoff pointed out that he was “too optimistic about the United States establishing reasonable cryptocurrency regulations.” He believes he previously underestimated Bitcoin's role in the global $20 trillion underground economy, as this demand has become an important support for Bitcoin's price. At the same time, he criticized regulatory agencies and cryptocurrency for having “obvious conflicts of interest” — regulators hold hundreds of millions or even billions of dollars in cryptocurrencies without facing corresponding consequences. This phenomenon raises questions about the fairness and effectiveness of regulation, and has once again made the complex issue of cryptocurrency regulation a focal point of market attention, with the future direction of cryptocurrency regulation and market development drawing significant scrutiny.
