Professor Schiller of the Nobel Prize in Economics "Bitcoin to collapse completely"

Robert Schiller, professor of economics at Nobel laureate Yale University, predicted that bitcoin would "completely collapse" in the future.

Professor Schiller said on the 19th (CNN), "It reminds us of the tulip wave that took place in the Netherlands in the 17th century," said US economic news agency CNBC on bitcoin speculation.

"There are bubbles everywhere, even if it's not a bit coin, but bitcoin is basically a situation where you do not know what value bubbles," Schiller said in an interview at the Davos Forum in Davos, Switzerland.

For example, gold does not have to be seen as an investment value, but it has its own value. But he thinks that bitcoin can not find any value other than its value as an investment asset.