Share this article
Bitcoin must charm regulators, says professor
A British business school professor believes Bitcoin needs to go on a charm offensive to win over worried national regulators.
By John Oates
Updated Sep 10, 2021, 10:46 a.m. Published May 21, 2013, 12:33 p.m.
A British business school professor believes Bitcoin needs to go on a charm offensive to win over worried national regulators.
Professor of Practice at Warwick Business School Jon Rushman said Bitcoin could have a permanent role amongst world currencies but only if it wins over regulators.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Rushman told HedgeWeek:
“Bitcoin needs to work harder on explaining its philosophy and on regulation, they need to do a bit of a charm offensive with the regulators and make them comfortable with it while being true to their principles.”
The prof, a former MD at BlackRock, said it was possible to imagine Bitcoin, or something similar, having a place in the future.
Channelling John Lennon, Rushman said: "Imagine a world where foreign exchange doesn't exist, monetary policy doesn't exist, and there is no inflation. Society would be free to use all the talent currently directed to these issues elsewhere." He said governments would continue to raise taxes and borrow, but without "uncertainty as to the unit of account.".
Rushman said that although Bitcoin was tainted with criminal associations: "it is hard to find evidence that it is used any more than any other currency.".
Rushman's thoughts are here.
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Bitcoin Holds Near $92K as Selling Cools, but Demand Still Lags
ETF inflows have finally turned positive, but weak on-chain activity, defensive derivatives positioning, and negative spot CVD show a market stabilizing without the conviction needed for a sustained move higher.
What to know:
- Bitcoin markets in Asia are stabilizing but remain structurally weak, with short-term holders dominating supply.
- U.S. ETF flows have shown signs of stabilization, but on-chain activity remains near cycle lows, indicating weak capital inflows.
- Bitcoin and Ether have seen price recoveries driven by spot demand and improved sentiment, while gold is supported by U.S. labor data and Fed rate cut expectations.
Top Stories
