So the guy who missed the biggest development in his field is an expert? And now he has advice for us?
I love it. The longer people, especially so called experts, don't know what this shit is about, we'll be able to buy our coins at reasonable enough prices for many more years to come.
If everyone understood what Bitcoin was, and we all turned into hodlers, the price would have gone way past $100,000 already to never fall back down again.
Amazon's stock price during the internet bubble peaked at $107 to fall below $7 not long after that. That's a 93% correction. It was purely end of the craze around that time that resulted in the price of that stock to tank, and that while Amazon itself was doing better than ever before. Look at Amazon right now, it's one of the world's largest companies. Utility won here, so will utility win with Bitcoin.
Expert in missing out, indeed. Sometimes though I wonder if these guys were all unwittingly dragged out by desperate journalists, forced to comment and then soundbited out of context. On the face of it does look like this professor found a podium and took stand, delivering what probably awes his peers and students.
If academics are still looking for the spectacular in Bitcoin, I suppose we can't blame the throngs of speculators doing the same every day. For them, This is still some epic Hollywood dramatisation on a cliffhanger, waiting for some flourished ending.