The bitcoin bubble may never burst - Robert Shiller

in #bitcoin6 years ago

The noble prize winning economist Robert Shiller has always been very sceptical about Bitcoin. As most economists he sees it as a big bubble. But since bitcoin is not 'created' by the government but by some smart computer scientists, believers / investors always will have the feeling that Bitcoin has some real value. Just like other store of values. So it might not disappear quickly.

Source + more information: https://www.newsbtc.com/2018/04/16/economist-robert-shiller-says-bitcoin-bubble-may-never-burst/
shiller.jpg

picture source: https://www.cnbc.com/2017/12/19/robert-shiller-bitcoin-valuation-is-exceptionally-ambiguous.html

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So, he’s been on the road to Damascus and transformed himself from a doubting Thomas to a shiller. Good news, indeed. 👍

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