"The persistence of Bitcoin poses a challenge to established economic principles. “I’m hoping it will bust,” Fama said, “because if it doesn’t, you have to start all over with monetary theory.” He suggested that if Bitcoin maintains its value long-term, economists would need to fundamentally rethink their understanding of money and markets."


ProMarket
Nobel Laureate Eugene Fama Predicts Bitcoin Will Become Worthless - ProMarket
Nobel Prize-winning economist Eugene Fama argues that Bitcoin is fundamentally flawed and predicts it has a near-certain chance of becoming worthle...

Fountain
Capitalisn't • Why This Nobel Economist Thinks Bitcoin Is Going to Zero, with Eugene Fama • Listen on Fountain
In December 2024, Bitcoin, one of the earliest cryptocurrencies and undoubtedly the most famous, hit $2 trillion in market capitalization, bigger t...