If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
It has been an issue since the start of Bitcoin. How many experts have said that, right? The majority of Bitcoin users don't mind that at all, as long as they gain from trading Bitcoin and other altcoins it doesn't matter. And other experts accepted that. They joined the so-called trend and it will be hard to let go especially if they are earning. We really can't tell the future, but as we can observe, the government are taking actions to regulate the Bitcoin (I don't know how but it is their objective), it only means that there's a big chance that this will become a currency. A legal currency. Then how can they pop a regulated bubble?