Bitcoin technology is no more risky than using fiat money, but it is subject to strong influence from the authorities. This was stated by Harvard University professor, economist-libertarian Jeffrey Myron writes Harvard Crimson.

He recalled that finance is not the first industry that people try to transfer to virtual space. Also, Myron sees no threat in the appearance of crypto-currency.

"Governments have no reason to worry about ways and means of payment that are not regulated by the government, " says Geoffrey Myron.

Along with this, in his opinion, bitcoin is unlikely to remain outside the supervision of the authorities, which can put an end to the entire crypto-currency ecosystem.

"The government could in the world let go of the crypto-currencies, allowing them to safely exist and not accepting them as a means of payment, and, in my opinion, that's exactly what he should do. However, I think that sooner or later the authorities will deal with the regulation of digital currencies than they will completely live out of them, "Myron argues.

Recall, in October, the former chief economist of the IMF, Kenneth Rogoff, said that governments will not allow an anonymous and unlimited system of bitcoin to expand in the future. He suggested that even if the introduction of regulatory norms does not put an end to the existence of bitcoin, its course due to such state intervention may eventually fall.