Once upon a time, movie rental store owners were skeptical that streaming would replace the pleasure of renting a DVD, or how taxi drivers were reluctant to accept apps like Uber.

Bitcoin collapse: Nobel laureate warns – in 10 years it will all be over

Bitcoin recently reached the $100,000 mark, a notable milestone, but one that does not eliminate the risks inherent to this digital asset. Economist Eugene Fama, winner of the 2013 Nobel Prize in Economics, has expressed serious concerns about the future of bitcoin, even predicting that the cryptocurrency could lose all its value in the next 10 years.

Fama, known for his theory of efficient markets, argues that bitcoin has no intrinsic value, resembling a speculative asset more than a currency in its own right. He highlights the lack of backing in tangible assets or a central government guarantee, factors that sustain traditional currencies. In addition, bitcoin's extreme volatility, with drastic price fluctuations in short periods, prevents it from being used as a reliable and predictable means of exchange.

The economist also questions the technological viability of bitcoin in the long term, pointing to the high energy consumption required to maintain the blockchain network and the lack of solutions to problems already solved by traditional financial systems. For Fama, the future of bitcoin is uncertain and its disappearance from the market is a real possibility.

In this scenario, investors seeking to protect and multiply their assets may consider safer strategies, such as asset diversification and the use of artificial intelligence to optimize investments. Caution is essential in the cryptocurrency market, and the opinion of a renowned expert such as Eugene Fama should be taken into account. $BTC #BTCNextATH?