Bitcoin's total breakdown speculated by Robert Schiller, Nobel laureate
In an interview with CNBC Robert Shiller, economist, professor Yale
University announces that Bitcoin expects a complete collapse, and the rapid increase in the value of this crypto-currency resembles tulipism
"Other assets like gold have their price, even if people do not consider them as investments," says Schiller
"The situation reminds tulipomania in the Netherlands in the 1740s, so far we pay for tulips and sometimes a lot, Bitcoin can collapse and everyone will forget about it, it is very possible, but it must be many years, maybe even a hundred years" says Schiller
"Tulipomania" is a speculative rush around tulip bulbs that took place in the years 1636-1637 of the Netherlands and led to an economic crisis. - add Schiller
From the interview it follows that if Bitcoin does not have real value, it is waiting for several hundred years to fall
I think steem dollars will replace bitcoin.
it is possible over the next years the only thing that has to change is the number of steemite members from 600,000 to 60 million
We might be able to do it with 6 million. lol