Economist Steve Hanke often scoffs that bitcoin isn't "a real currency." The Johns Hopkins University professor has also compared the cryptocurrency market to the Dutch tulip bubble, and even went so far once as to claim crypto exchange hacks prove these assets are “unstable and unsafe.”
Now he's working for a crypto startup.
Revealed exclusively to CoinDesk, Hanke recently joined the board of advisors for the peer-to-peer cryptocurrency exchange AirTM. He will guide the Mexico City-based startup's expansion in Latin America, including a new system for price-stable assets that Hanke will design himself.