24 Jan '14, 9pm

@coindesk

@coindesk

American economist and Nobel Laureate Robert Shiller took part in an interesting panel discussion this week about digital trends at the World Economic Forum in Davos, and naturally he mentioned bitcoin. Shiller said bitcoin is an inspiration thanks to its geeky roots, but he warned that it is not the way forward. In fact, despite bitcoin’s digital heritage, Shiller argued that it is a throwback to the dark ages, reports Business Insider . Shiller’s position is understandable, since he was awarded the 2013 Nobel Prize in Economics for his work on trend-spotting in asset markets. Shiller also examined the volatility of stock prices and their correlation with dividends. The economists and his fellow laureates Eugene F. Fama and Lars Peter Hansen found that high future returns are usually viewed as compensation for holding risky assets during risky times. The researchers also ...

Full article: http://www.coindesk.com/nobel-laureate-thinks-bitcoin-ama...

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Bitcoin is a bubble - Nobel Laureate in Economics

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@coindesk

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Silicon Valley VC Thinks Single Bitcoin Could be Worth $100,000

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ibtimes.co.uk 16 Jan '14, 11am

Reuters A Silicon Valley investor thinks a single bitcoin can be worth $100,000. Chris Dixon, a partner with Silicon Valle...