Post
Topic
Board Bitcoin Discussion
Re: Nobel Laureate Eugene Fama: Bitcoin Is Doomed to Be Worthless
by
SmartGold01
on 04/02/2025, 11:34:18 UTC
Nobel laureate economist Eugene F. Fama predicts bitcoin’s collapse, estimating its chances of survival as nearly zero and dismissing it as worthless.

https://www.coinim.net/nobel-laureate-eugene-fama-bitcoin-is-doomed-to-be-worthless/
I think anyone who always wants to be that famous would have to come make his speech about bitcoin.. From his statement

he said. The economist argued that bitcoin cannot replace traditional currency since financial assets must serve a practical purpose to retain value.
And yes we know that bitcoin wasn't created to compete with any fiat rather it was created to assist fiat, where there seems to be a barrier bitcoin would definitely create an easy access to finance. Again it doesn't required third party as fiat whereby banks questions you for every single transaction you carries out from your personal bank account.