Legalizing Bitcoin will ‘completely collapse El Salvador’s economy’ – Steve Hanke (Pt. 1/2)

Watch part 2 of this interview: https://www.youtube.com/watch?v=Bpsdh… Steve Hanke, professor of Applied Economics at Johns Hopkins University (https://twitter.com/steve_hanke) discussed the practicality of actually using Bitcoin as legal tender in a country like El Salvador with David Lin, anchor for Kitco News (

Why Bitcoin & Crypto Is Not The Future (Ex-Citigroup Global Chief Economist Willem Buiter)

We speak to Willem Buiter, Global Chief Economist at Citigroup (2010-2018). In contrast to our interview with Bitcoin.com founder Roger Ver, Willem Buiter argues Bitcoin and other cryptocurrencies are essentially is an environmentally unfriendly, speculative fiat currency with no use countries trying to evade Western economic sanctions. He also disputes that it can be used as a currency and discusses why there won’t be mass-scale adoption.