Nouriel Roubini, aka Dr Doom, opposes Bitcoin

by in Cryptocurrency News

Nouriel Roubini, aka Dr Doom, opposes Bitcoin

Famous economist Nouriel Roubini, who’s recognized as Dr Doom for his downhearted warnings, made some noise with his freshest assault on Bitcoin and related cryptocurrencies.

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Professor Roubini considers that Bitcoin is “overhyped”. On 2 June at a summit in Taiwan, he compared crypto coin with a “cesspool”.

A thing that made Dr Droom really angry was that his sparring partner, who is a head of a cryptocurrency exchange, have blocked all the videoes of that event. The leading administrator of the BitMex has all the rights of the video materials with his debates during the Asia Blockchain Summit. Professor Roubini twitted about this issue and stated that he defeated Hayes at the debate. During this sensational debate, Mr Roubini announced that Bitcoin isn’t decentralised, not safe and not scalable indeed. Mr Hayes replied that crypto markets and Bitcoin are the only genuine free market left in nowadays environment. At the end of the summit, Mr Hayes commented on it and told he thinks Roubini is a hater and no-coiner - a man, who doesn’t own any Bitcoin and observed the drastically increasing cost of BTC.