Hardly a day has gone by recently in the financial press without an article (or two or three) dealing with the remarkable rise of Bitcoin. But what is it really worth? Can any sort of fundamental valuation assessment be used? Noted Yale economist Robert Shiller thinks not. Mr. Shiller’s comments are always an interesting read and this article is no exception. To see his comments in their entirety, please click on the link below. The article was published in the New York Times on December 15, 2017.