The 2017 Nobel Laureate Award winner Richard Thaler has said that the popular currency, which is being used and populated every day, is like a casino game.
In an interview with Swedish news agency TT, the winner of the Nobel Prize for Economics, but also a professor, has said there are two things that mostly disturb him.
The first day of US President Donald Trump, while second concern called Bitcoin.
"My first concern is Donald Trump, for whom I think there is no conscience, for example, there is no academic advisor and there are considerations for well-educated people," he told TT, Express reports.
But, Thaler as his second concern, said Bitcoin. "This crossword is like a casino game."
He, in this interview, also received an example of what he thinks of Bitcoin.
"It is a balcony with a turbulent course and as soon as it floats, the emergency exit door will be too narrow and most will remain inside," said Thaler.
The professor also compares Bitcoin with trading with narcotics and other outlaw businesses.
But, for people's interest in this currency, he said it was a psychological affair, as he said, people fearing they are losing a big chance of profit.