I work in the IT department at an expensive US University. I was working in an economics professor's office and asked him what he thought about Bitcoin.... He said he did not like it.

He said it's too volatile and is backed by nothing...also did not have confidence in the hard cap.

Did not believe that the US would ever give up their world currency status

Interesting chat but became clear how little he actually knew about it that was fact based...a Professor of Economics