• 11 hours ago
Nobel Prize-winning economist Eugene Fama foresaw a 100% probability that Bitcoin , the world’s largest cryptocurrency, will lose all of its value within the next decade. During an interview on the Capitalisn't podcast, the “father of modern finance” was asked about the likelihood of Bitcoin’s value plummeting to zero in the next 10 years, to which he replied, “I would say it’s close to one.”

Fama stated that cryptocurrency runs against all that is known about monetary theory.

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