People have always doubted BitcoinBut when an award -winning economist said that he would eventually disappoint, many noticed.

Eugene Fama, known as “the father of modern financing,” he believes yes Bitcoin will not be worth anything after all. What is his reason? Bitcoin has no real value, it does not work well for buying and selling and does not match ordinary banking systems. Does his case make sense?

Bitcoin’s weaknesses: a deadly defect or misunderstood evolution?

Fama is mainly worried about unpredictable bitcoins. For the currency to work well, it must be stable. Bitcoin changes value a lot, which makes it complex for companies to accept it as payments. FAMA believes that Bitcoin uncertainty makes it complex to employ as a way to buy and sell things.

He also claims that bitcoins there is a lack of support of the central authority. Unlike the FIAT currencies, which support, Bitcoin derives value only from market speculation and demand. If the demand disappears, the price increases to zero. This is his basic thesis, but is this the whole story?

Nobel laureate Eugene Fama predicts that Bitcoin will become worthless https://t.co/smpqyoodmh By @Promarket_org

– activist investor (@Activistinvest) January 31, 2025

Debate on the value: Is digital Gold Bitcoin?

Fama’s critics indicate that Bitcoin is not just trying to be a currency – it evolves into something else. Many consider this to be digital gold, a magazine of value -resistant value and government control. Unlike customary currencies, Bitcoin has a constant supply of 21 million coins, which makes it narrow and potentially deflating.

Novel: “Nobel Prize winner” Eugene Fama predicts that Bitcoin “will go to 0 USD in 10 years”

What an idiot 🤡 pic.twitter.com/dvz4x4y2ol

– Bitcoin historian (@pete_rizzo_) January 30, 2025

In this sense, Bitcoin variability can be a feature, not a disadvantage. Gold It is not used in daily transactions, but has great value due to its deficiency and historical trust. If Bitcoin follows a similar trajectory, it may never be widely used for payment – but this does not mean that it is worthless.

What would Bitcoin take to go to zero?

For Bitcoin to really collapse, several extreme scenarios would have to develop. A global prohibition can crush demand, which makes it complex for investors to hold or trade. Technological failure – such as a catastrophic error in the Bitcoin protocol – can undermine trust. Or a better alternative can replace it.

But history suggests that Bitcoin is resistant. He survived many accidents, regulatory repression and ponderous criticism. Each time it affected the stronger ones. Can Fama be right in the long run? Probably. But betting against Bitcoin has so far been a lost game.

Verdict: polarizing the future

The future of Bitcoin remains uncertain, and opinions are as divided as always. While some people think he is convicted, others perceive it as a revolutionary financial instrument. Reality? Bitcoin is still developing, and his fate will depend on adoption, regulation and market forces.

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