Niall Ferguson accepts he was wrong about cryptocurrency

Interesting things are happening in cryptocurrency space since last year and many people who were against Bitcoin and cryptocurrency and criticized it allowed are now talking in favour of cryptocurrency or some are investing in it. One of the biggest example is Goldman Sachs who bought Ploneix last year.

British financial, historian Niall Ferguson who was against Bitcoin and cryptocurrency now stated that I was wrong about Bitcoin. his son was insisting him to buy some cryptocurrency what he claim that investing in something unreliable is risky

“I was very wrong. Wrong to think there was no […] use for a form of currency based on blockchain technology.”

If I had listened to my son, I would have increased the dollar value of my investment by a factor of 45 — or, if you prefer, I’d have made a return on the investment of 4,436%… The moral of the story is clear: when it comes to technology, pay heed to teenagers.”

Let's see how many critics turn in the favour of cryptocurrency and blockchain because it is the next Big think which is going to change our lives.

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