Nobel Prize -winning economist Eugene Fama, known as the father of modern finance, made a statement that would fall on the agenda for bombs. Bitcoin (BTC) will be completely worthless in the future. In other words, the biggest crypto asset we associate with $ 100,000 will be a “garbage” in the future.
Speaking at a Podcast broadcast, Eugene Fama says that Bitcoin and Altcoins are not real costs. The father of the contemporary finance, who states that this is the opposite of the theory of money, believes that the theory of money will have to be written from the beginning in case of preservation of crypto currencies. This is exactly why BTC thinks it will be garbage.
So when will Bitcoin (BTC) be garbage?
Compared to the statement made by Eugene Fama, Bitcoin will be completely garbage in the next 10 years. However, Fama says that this is a possibility. As we have just mentioned, crypto currencies will continue to preserve their assets and will require economists to carry out new studies in this field.
The timing of this explanation made in crypto money markets while the biggest collapse in history is experienced. Let’s see if the coming years will justify Eugene Fama or analysts who are visible against it …