Jul 3, 2019
'Dr Doom' economist Nouriel Roubini in Bitcoin battle
EPA Outspoken economist Nouriel Roubini, nicknamed Dr Doom for his gloomy warnings, has caused a stir with his latest attack on Bitcoin and its fellow cryptocurrencies. Prof Roubini, who foresaw the financial crisis, says Bitcoin is "Overhyped". He said Bitcoin was "Not secure, not decentralised and not even scalable". Mr Hayes countered that Bitcoin had made "Impressive" progress in its decade of existence, adding that "Bitcoin and crypto markets are the only real free market left in the world". Mr Hayes told Bloomberg that Prof Roubini was merely envious of Bitcoin's success.
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