Not the first one to hear such negative thoughts from a Nobel laureate. In 2018, Nobel economist winner Joseph Stiglitz says cryptocurrencies should be shutdown,
Joseph Stiglitz, a Nobel-Prize winning economist, says cryptocurrencies should be shut down. He worries that they enable illicit activity by making money transactions less transparent.
So this is not the first time that we have heard Nobel prize winner criticizing Bitcoin or crypto itself. But the thing is that so far those predictions or anti-crypto sentiments makes the market stronger.
In any case, let them talk as much as they want, the market is not going to be affected by this naysayers. Perhaps they are right, however, crypto is too big to fall specially Bitcoin wherein many countries for example, are talking about it making a national reserve.
