Will #bitcoin be worthless in 10 years?
Nobel Prize in Economics eugene f. fama believes Bitcoin will become worthless if it has no practical utility.
In a podcast called "Capital is Not" 2013 Nobel Prize in Economics eugene f. fama says cryptocurrency is like a puzzle, because it breaks the basic rules of conventional economics. According to him, for a currency to survive for a long time, its value must be stable. Bitcoin's value rose so high that it became acceptable as a viable medium of exchange. He said that a currency that fluctuates so much in value can never be long-term. So he thinks the value of Bitcoin could drop to zero within the next decade.
What is your opinion?
