Well, MAYBE he has a point. But if we remember correctly, the attempts he's talking about weren't really backed by "work" - which for gold was mining and for Bitcoin was, well, digital mining.
And ya, Shiller? Sounds like the complete opposite :)
RE: Bitcoin could be just another failed currency experiment, Nobel-winning economist Robert Shiller warns
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Bitcoin could be just another failed currency experiment, Nobel-winning economist Robert Shiller warns