# Professor Lawrence White shares his views on Bitcoin

1 Faculty News August 10, 2017 ![Yahoo Finance logo](/sites/default/files/styles/246w/public/assets/images/yahoofinance.jpg?itok=iQnyXkp_)>

Excerpt from [Yahoo Finance](https://finance.yahoo.com/news/bitcoin-needs-become-real-currency-134831445.html) -- "For Bitcoin to gain traction, it has to achieve at least a semblance of steady value. 'We are reluctant to transact in something where the day-to-day value for our transactions’ purposes could vary substantially,' [White](http://www.stern.nyu.edu/faculty/bio/lawrence-white) said."

[Read more](https://finance.yahoo.com/news/bitcoin-needs-become-real-currency-134831445.html)