Bitcoin more likely to ‘totally collapse’ – Robert Shiller

Nobel Prize-winning economist Robert Shiller, expressed his take on Bitcoin in an interview CNBC scheduled earlier today.

Key Points:

Bitcoin could be here for 100 years but it's more likely to 'totally collapse'

Reminds him of tulip mania in the Netherlands.

There are bubbles everywhere, not just in Bitcoin.

Doesn't know what to make of Bitcoin ultimately.

"It has no value unless there is some common consensus that it has value".