‘Worthless’ Bitcoin Has Entered Death Spiral: Finance Professor

‘Worthless’ Bitcoin Has Entered Death Spiral: Finance Professor


Earlier this year, with the bitcoin price trading around $7,000, Santa Clara University Professor of Finance Atulya Sarin published an opinion piece arguing that the rising cost of crypto mining, coupled with the ability for bearish investors to short bitcoin in the futures markets, could spell doom for the flagship cryptocurrency. Now, following a further

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Posted by Josiah Wilmoth on December 3, 2018 @ https://www.ccn.com/worthless-bitcoin-has-entered-death-spiral-finance-professor/

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