Bitcoin Critic Nouriel Roubini to Trash Crypto in New Broadcast

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Mon, 05/04/2020 - 18:26

Alex Dovbnya

Economist Nouriel Roubini will explain his views on blockchain and cryptocurrency during his new broadcast

Bitcoin Critic Nouriel Roubini to Trash Crypto in New Broadcast

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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.

Mike Novogratz Wins His Bitcoin Bet Against Nouriel Roubini

Roubini 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.

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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

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Hot 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.

About the author

Alex Dovbnya

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets, can be contacted at alex.dovbnya@u.today.