Cryptocurrencies

Robert Shiller Warns Crypto May Be Another Cincinnati Time Store

Bitcoin: What’s Coming in the Year Ahead

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Cryptocurrencies could be the latest case of more than a century’s worth of failed efforts to revolutionize money, according to Robert Shiller, famed for his warnings about the dot-com and housing bubbles.

The Nobel Prize-winning economist compared the euphoria toward almost 2,000 cryptocurrencies created since 2009 to the rise of "time money" in the 1800s.