Also this week, the billionaire CEO of Social Capital said it could be Bitcoin’s time to shine and predicted the cryptocurrency could eventually be seen as a “flight to safety.” Binance announces CoinMarketCap acquisition. Big news in the crypto sector this week: One of the biggest mergers in the industry’s history has been signed on the dotted line. Binance, the world’s biggest ... Kevin Dowd, a professor of finance and economics in the Business School at Durham University, believes that Bitcoin is not going to survive. In a recent article released by CoinDesk, he says that the most popular digital asset will still bite the dust. Kevin Dowd, a professor of finance and economics at Durham University in the United Kingdom, commented to Cointelegraph: “I would imagine these physical delivery problems will soon be sorted out. We bought some gold recently, and there was a delivery delay, but only three weeks. I don’t see much connection between such delays and Bitcoin.” Kevin Dowd is a Professor of Finance and Economics in the Business School at Durham University, Northeast England, and the co-author of the 2015 paper By CCN.com: Kevin Dowd is a Professor of Finance and Economics in the Business School at Durham University, Northeast England, and the co-author of the 2015 paper “Bitcoin Will Bite the Dust,” along with market analyst and author, Martin Hutchinson, for the libertarian Cato Institute in Washington DC.. CoinDesk published an op-ed by Dowd Monday, with the title, “Bitcoin Will Still Bite ... Kevin Dowd is a Professor of Finance and Economics in the Business School at Durham University, and the co-author of the 2015 paper “Bitcoin Will Bite the Dust.” For more on bitcoin’s 10th anniversary, check out our new interactive feature Bitcoin At 10. ————————————————————— Back in August 2014, I discovered that the bitcoin mining industry had ...
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