Cryptocurrency will have to face political pressure – yes, even more than it’s facing now – and aggressive actions from banks and financial authorities across the world in a near future. That is, at least, what the leading economist and professor of entrepreneurship at MIT’s Sloan School of Management Simon Johnson bets it will happen.
Johnson recently spoke at MIT Technology Review’s EmTech conference in Massachusetts, where he said that ”there is going to be a big political backlash. And the question is whether the people behind those currencies are ready for that and have their own political strategy”, quoted by the site MIT Technology Review.
The expert predicts that Bitcoin’s growing success will continue to