El Salvador could cripple the economy by legalizing Bitcoin (BTC) – Steve Hanke

More reactions have continued to trail El Salvador’s recent decision to make Bitcoin (BTC/USD) a legal tender. Professor of Applied Economics at Johns Hopkins University Steve Hanke is concerned that the country’s resolve on Bitcoin could cripple the economy. He termed the move as an “economic stupidity, saying it could have major negative consequences on […] The post El Salvador could cripple the economy by legalizing Bitcoin (BTC) – Steve Hanke appeared first on Invezz.