{"id":10969,"date":"2025-02-03T04:02:16","date_gmt":"2025-02-03T04:02:16","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=10969"},"modified":"2025-02-03T04:02:16","modified_gmt":"2025-02-03T04:02:16","slug":"nobel-prize-winner-predicts-bitcoins-value-will-plummet-to-zero-in-next-10-years-father-of-modern-finance-says-crypto-antithesis-of-monetary-theory","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=10969","title":{"rendered":"Nobel Prize Winner Predicts Bitcoin&#8217;s Value Will Plummet To Zero In Next 10 Years\u2014&#8217;Father Of Modern Finance&#8217; Says Crypto Antithesis Of Monetary Theory"},"content":{"rendered":"<div>\n<p>Nobel Prize-winning economist <strong>Eugene Fama<\/strong> foresaw a 100% probability that <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>), the world\u2019s largest cryptocurrency, will lose all of its value within the next decade.<\/p>\n<p><strong>What Happened<\/strong>: \u00a0During an interview on the\u00a0Capitalisn&#8217;t\u00a0podcast, the \u201cfather of modern finance\u201d was asked about the likelihood of Bitcoin\u2019s value plummeting to zero in the next 10 years, to which he replied, \u201cI would say it\u2019s close to one.\u201d<\/p>\n<p>Fama stated that cryptocurrency runs against all that is known about monetary theory.<\/p>\n<p>Fama\u2019s doubts about cryptocurrencies were rooted in their inherent instability. He argued that they contradict the essential principles\u00a0of a medium of exchange\u00a0due to their fluctuating real value.<\/p>\n<p>\u201cThey don\u2019t have a stable real value, you know. They have highly variable real value. That kind of a medium of exchange is not &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/02\/43425769\/nobel-prize-winner-eugene-fama-predicts-bitcoins-value-will-plummet-to-zero\" alt=\"Nobel\" prize winner predicts bitcoin value will plummet to zero in next years of modern finance says crypto antithesis monetary theory>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nobel Prize-winning economist Eugene Fama foresaw a 100% probability that Bitcoin (CRYPTO: BTC), the world\u2019s largest cryptocurrency, will lose all of its value within the next decade. What Happened: \u00a0During an interview on the\u00a0Capitalisn&#8217;t\u00a0podcast, the \u201cfather of modern finance\u201d was asked about the likelihood of Bitcoin\u2019s value plummeting to zero in the next 10 years, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-10969","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10969","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10969"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/10969\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10969"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10969"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10969"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}