Prominent Bitcoin detractor Nouriel Roubini has just announced a new broadcast about cryptocurrencies.
The Nobel-winning economist maintains that crypto and blockchain are the "mother of all bubbles" that has burst.
His new broadcast will air at 10:00 AM ET on May 5.
Alex DovbnyaRoubini has also posted a new poll, in which he asks his followers whether crypto could be considered the future of money. So far, this is the second most popular option after the "speculative store of value" one.
Are Crypto-currencies/Shitcoins the future of money or a bubble now gone bust or a speculative store of value? Watch my views on why "Crypto, Shitcoins & Blockchain are The Mother of All Bubbles Now Gone Bust" in my broadcast tomorrow May 5th at 10am ET at https://t.co/pNYvwgVFTP
— Nouriel Roubini (@Nouriel) May 4, 2020
Yuri MolchanHot on the heels of the March 12 crash, Roubini stated that Bitcoin (BTC) had "no hedge value." He also opined that the equilibrium value of Ethereum (ETH) was zero.
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