“Nobel Laureate economist Robert Shiller is on a panel at Davos about digital trends in financial markets. Almost immediately he started talking about Bitcoin. As a currency he says it’s a return to the dark ages. Shiller is a student and expert in the nature of bubbles, and he’s adamant that Bitcoin is one. Says Shiller: ‘It is a bubble, there is no question about it. … It’s just an amazing example of a bubble.’ He added that he’s ‘amazed by how people are so excited about it’ and that he tells his students that ‘No, it’s not such a great idea.'”
http://www.businessinsider.com/robert-shiller-bitcoin-2014-1
Related posts:
Lord Obama on Shared Sacrifice
NSA Whistleblower Thomas Drake speaks at National Press Club - March 15, 2013
The 'Red Pill' Of Economics
NBC Removes Reporter from Gaza After 4 Children Shelled To Death
The Gun Grabbers are Stirring
The Next Financial Disaster Starts Here
THC Concentrations Don’t Predict Driving Impairment
How police used a traffic stop to take $91,800 from an innocent man
Bitcoin Soda Machine: Make your soda machine take Bitcoins today.
Texting while judging: Judge texted assistance to prosecutors during trial(s)
Sweden moves closer to a cashless society with new business registry
Adam Kokesh on The Presidency, The Constitution, US Military, AI, Ron Paul, Rothbard
How to Sell Bitcoins on eBay Without Getting Fleeced? Use FedEx
“The Internet Police” Shines a Light on the Online Surveillance State
Deutsche Bank's Chief Economist Calls For €150 Billion Bank Bailout