“Bitcoin is a fad, just like bimetallism before it.”
Robert Shiller, Nobel Prize Winning Economist · Bitcoin since: +1,296%
As published by CNBC
A little perspective.
Bitcoin on that day$5,754October 16, 2017
$100 at that price$1,396At our latest price check
Illustrative value using a Bitcoin price of $80,335, checked Oct 29, 2026, 5:44 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Robert Shiller appears in 2 recorded obituaries. 93 declarations were recorded in 2017.
Keep the receipt.
Bitcoin Is Dead. “Nobel-Winning Economist Shiller Calls Bitcoin A Fad” — Robert Shiller, CNBC, October 16, 2017. Bitcoin: $5,754.22. https://bitcoindeaths.com/posts/2017-10-16-nobel-winning-economist-shiller-calls-bitcoin-a-fad