Yale economist: How likely it is that bitcoin will become worthless (cnbc.com)
Yale economist: Here's how likely it is that bitcoin will become worthless
Cryptocurrency bitcoin has a statistical probability to become worthless. Here's what that means, according to two Yale University professors who crunched the numbers.
www.cnbc.com
http://www.nber.org/papers/w24877
Risks and Returns of Cryptocurrency
We thank Andrew Atkeson, Nicola Borri, Eduardo Davila, Stefano Giglio, William Goetzmann, Stephen Roach, and Robert Shiller for their comments. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bur
www.nber.org
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