What is the Social Value of Cryptocurrencies?

Are Bitcoin, Ethereum and Ripple the digital currencies of the future? Or are they just another asset bubble like the 17th century Dutch tulip mania? Professor Campbell Harvey explains why economists often underestimate the capabilities of cryptocurrencies as well as their underlying Blockchain technology. He also describes why Blockchain will transform not only the fundamental security of our transactions but also help accelerate emerging countries to modernize and digitize their economies.

Recording date: 07 Mar 2018

Professor Campbell Harvey

Professor Campbell Harvey, a leading financial economist, has been an Investment Strategy Advisor to Man Group since 2005 and has contributed to a variety of research produced by the firm. He is a Professor of Finance at the Fuqua School of Business, Duke University, and Research Associate at the National Bureau of Economic Research in Cambridge, Massachusetts. He served as Editor of The Journal of Finance from 2006 to 2012 and as the 2016 President of the American Finance Association. A distinguished academic, Professor Harvey received the 2016 and 2015 Bernstein Fabozzi/Jacobs Levy Award for the Best Article from The Journal of Portfolio Management for his research on differentiating luck from skill.