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Harvard Economist Who Said Bitcoin Would Fall to $100... (Oops)
He said Bitcoin was more likely to fall to $100 than ever hit $100,000.
Seven years later, Bitcoin broke $100K… and Harvard economist Kenneth Rogoff is still doubling down. In this video, I break down why he was wrong then, why he’s still wrong now, and how Bitcoin keeps humiliating its critics.
📚 Rogoff literally co-wrote the book on how governments always inflate and debase their money (This Time is Different), but somehow couldn’t see that Bitcoin price continues to appreciate in part because of that exact cycle. Instead, he blamed “criminals,” “lack of regulation,” and even regulators holding Bitcoin. Meanwhile… his own university Harvard just bought Bitcoin.
This isn’t just a bad prediction. It’s failing the ego test in real time.
⸻
⏱️ Chapters:
0:17 — Rogoff's 2018 “$100” prediction & 2025 double-down
0:41 — The clown-suit fate of loud Bitcoin haters
1:41 — Bitcoin as the ego test
3:42 — Excuse #1: “Sensible regulation”
5:41 — Excuse #2: “$20T underground economy”
10:48 — Excuse #3: Regulators holding BTC
13:32 — The 2009 book irony: debt, inflation, debasement cycle
15:19 — Harvard endowment buys Bitcoin
16:00 — He missed the Store-of-Value use case
17:00 — Won’t admit he was wrong
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