According to CryptoPotato: Aswath Damodaran, a finance professor at Stern School of Business at New York University, has once again changed his opinion on Bitcoin, this time describing it as "the currency that nobody uses." This is a departure from his statement in August last year when he referred to it as "millennial gold" and predicted that it could gain global acceptance if it became less volatile.

Damodaran, also known as "the Dean of Valuation," recently expressed skepticism about Bitcoin's potential and current status. He views it as a currency that nobody uses and a "collectible that doesn't behave like a collectible." He also opposed the idea that Bitcoin could serve as a hedge against inflation, arguing that it is deeply correlated with equities: "It's gone up as stocks have gone up, it goes down when stocks go down. This is not the way a collectible is supposed to behave."

However, Bitcoin's correlation with the S&P 500 Index has recently hit a two-year low of just 3%, indicating that it is becoming more independent from traditional finance. Damodaran's stance on Bitcoin has not been consistent; he criticized it in July 2021 but changed his view in August, stating that it had replaced gold and real estate as the most appropriate example of a store of value for younger individuals.

Jim Cramer, host of CNBC's financial show "Mad Money," is another example of someone who has not been consistent in their opinion on Bitcoin. He has shifted from being a crypto proponent to a fierce critic and back to a supporter several times over the years.