Humans, being only human, tend to hang on to their cherished beliefs — even in the face of overwhelming contradiction. That’s why recantations — that is, public acts of refuting a previously held opinion — are so rare. This year, however, has presented several notable changes of heart where Bitcoin (BTC) and other cryptocurrencies were concerned — abetted, perhaps, by BTC’s climb to record price levels. Here are eight of the year’s more memorable turnarounds.
Crypto’s most ferocious critic recanted in 2020. Roubini, an NYU professor of economics who gained fame by predicting the 2007–2009 housing bubble, has in recent years heaped scorn on cryptocurrencies and blockchain technology in general.
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