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.
As usual in any country such as words which were thrown Robert Schiller come from people who don't understand the actual workings of bitcoin. Because people like them have never even jumped into the crypto business themselves they just heard, so Robert Schiller does not feel the positive effects that bitcoin carries.