Robert Shiller, the Nobel Prize winner in economics who has called bitcoin a bubble, has observed that bitcoin is a social movement and its popularity in the U.S. varies based on geography, according to Bloomberg. He called it a non-rational response to new information. Speaking on Bloomberg TV with Guy Johnson and Tom Keene, Shiller,
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Source: CCN.com
Original Post: Nobel Economist Naysayer Robert Shiller Calls Bitcoin A ‘Social Movement’
