Nobel Economics provides for the collapse of the Bitcoin market

Created in 2009, Bitcoin became one of the most precious active ingredients in the world. However, heavy economists have shown retra to the future of cryptocurrencies.

The forecasts on the future of the encryption are divided between fans of technological innovations and their application in the capital environment and those who see risks for economic stability.

Winner of the Nobel Prize in 2013, Eugene Fama is on the list of experts showing a skeptical vision of the future of this resource.

Fame issued his opinion by participating in a podcast on 30/1/2025. For the economist, cryptocurrencies have a “predictable end”.

“Cryptocurrencies are a mystery because they violate all the rules of a means of exchange. They do not have a real stable value. They have a truly variable value,” said the American economist, who won the Nobel part next to Peter Hansen and Robert Schiller for pioneering work to identify trends in financial markets.

“It is the type of exchange that should not be able to survive. I hope I explode, but I cannot predict it. I hope so, because if we don’t explode we will have to start all over the monetary theory,” he added.