Dec.11 — Robert Shiller, professor of economics at Yale University, discusses the legitimacy of bitcoin and why investors are looking at the cryptocurrency. He speaks with Michael McKee on “Bloomberg Surveillance.”

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40 COMMENTS

  1. Certainly it is over-hyped. The underlying idea that is questionable is merely freedom from financial tyranny. That's all. Bitcoin (more directly, Blockchain technology) can significantly change the world – if the banks and governments don't kill it. This is a battle to the death. -. To the death of central bank banks 😎

  2. Do want a currency backed by technology freedom and work or a currency backed by a Zionist COMMUNSIT murderous banker? Yeah saying crypto isn't real is like saying Satan doesn't back the US dollar. The gig is up. END THE FEDERAL RESERVE OR NOTHING CHANGES

  3. It won't be fun when the CFO shuts bitcoin down and steals all deposits. When the Voss brothers bought it they fired Satoshi and now the board is talking about appointing a new CEO to replace Gates

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  5. Shiller, you like the experiment don't you! it is fun for you! something to write about when it crashes? stop going on air saying it is impressive, it is an impressive bubble! the thing has no value at all. Call it for what it is. the Nobel prize is not given to you so you can confuse people with your words

  6. Litecoin is better: it's way faster and way cheaper to use. Bitcoin costs $6 to transfer $100. That's not going to get used widespread, especially in retail.
    Litecoin is way faster and MUCH cheaper. It's the better buy. This bigwigs have the corner on it – I'm sure. They are going to make a quick killing and then it's coming down HARD.
    And they'll be laughing and acting all surprised, all the way to the bank.

  7. Bitcoin will fail… it’s bloody useless for use cases. ALL HYPE BY STUPID ZOMBIES…. regrets are no good, keep your investment secure with xrp. At least your able to sue then and they are regulated. Bitcoin will have many riches and many suicides… FACT

  8. That's a great point Shiller is making – why do the bank notes in our pockets have any value? Its because of a "common consensus" – and that is precisely what Bitcoin is creating in a completely different manner ie by that "consensus", rather than centrally through a govt.
    And also the point about it being fun – that is so much a part of everything in life – and drives so much of what we do. This is a great strength of Bitcoin – when people begin to realize life can be so much more fun.

  9. All the banks, media and haters of all coins hates because “They didn’t see it coming so fast”
    If bitcoin is a trash why do all big companies are accepting bitcoin payment.

  10. I believe this whole bit coin thing is in an effort to jump start the cashless society – it's all about manipulation by convenience by first making a convoluted financial system and then offering their desired solution including the Mark of the Beast system. (RFID implantation into the hand or forehead!) It will carry all your Identification documents, medical information, payment accounts, passport, etc. all accessible by a scan of the hand or forehead. It's the devil's bait! Don't bite!

    Give your life to Jesus Christ, the Good Shepherd! Jesus is God manifested in the flesh (1 Timothy 3:16), who came to the earth and lived a sinless life and died because we were evil and we crucified Him with our sins. His blood is atonement for our sins and allows God to forgive us, as retribution. He died on the cross and rose again on the third day, and so will we when He calls His people up to Heaven, to be with Him forever. Yet, we must accept His grace believe it in our heart and confess that He is Lord and Savior in order to be saved.

    We must turn away from our old sinful lives and live good lives according to the Bible. Please don't wait another day, ask Him to be your Lord and Savior and be baptized by a local Christian church. We must be born again to enter into the Kingdom of Heaven.

  11. I'm up 100% in my crypto portfolio with my life savings, I will start selling some off like 10% each time it doubles, but yeh it is high risk high reward.

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