Nobel Economist Naysayer Robert Shiller Calls Bitcoin A ‘Social Movement’

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Robert Shiller, the Nobel Prize winner in economics who has called bitcoin a bubble, has observed that bitcoin is a social movement and its popularity in the U.S. varies based on geography, according to Bloomberg. He called it a non-rational response to new information. Speaking on Bloomberg TV with Guy Johnson and Tom Keene, Shiller,

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Posted by Lester Coleman on June 26, 2018 @ https://www.ccn.com/nobel-economist-naysayer-robert-shiller-calls-bitcoin-a-social-movement/

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