Central banks have been responding to the rise of Bitcoin with the introduction of central bank digital currencies, or CBDCs. Thus far, movement on this front has been somewhat slow. Save for China, most central banks are still in the ideation phase, or are looking more into how a CBDC would affect their economy and…
Sentiment across the United States pertaining to the crypto market is at an extreme low, despite Bitcoin rallying above $10,000 and kicking off what appeared to be yet another bull run for the bubble-bound crypto asset. The fear and panic stems from tweets originating from the United States President, Donald Trump, condemning crypto, Bitcoin, and…
Controversial economist and professor at New York University’s Stern School of Business, Nouriel Roubini, has long been a detractor of cryptocurrencies, first warning investors against the “scam” in 2013. Since his widely reported tirade against the cryptocurrency, its price has risen 11x, mainly due to increased adoption and growing promise. Despite being undeniably wrong about…
Most of the serial critics had fallen silent during the crypto winter of 2018 as Bitcoin and its brethren fell out of favor in the mainstream media. Now that BTC has surged over 200 percent, breaking into five figures again, they have started crawling out of the woodwork, full of vitriol as usual. Dr Doom:…
In what has been dubbed the ‘Tangle in Taipei’, serial crypto misanthropist Nouriel ‘Dr Doom’ Roubini faced off with BitMEX boss Arthur Hayes. The crypto sparks started to fly as the language became more colorful between the two adversaries. Dr Doom On The Warpath Economist Roubini just can’t stay away from Bitcoin. His repugnant rants…
Despite Nouriel “Dr.Doom” Roubini’s cries that the crypto market is on its last legs, this week’s crypto- and blockchain-pertinent developments indicate that this industry is still booming. Nouriel “Dr.Doom” Roubini Takes To Twitter, US Senate To Bash Crypto Dr.Nouriel Roubini, one of NYU Stern’s economics professors, recently bashed the cryptocurrency and blockchain world through a…
It is no secret that Nouriel Roubini hates cryptocurrency. For most of 2018, the American economist has been smugly congratulating himself for denouncing the entire space as toxic and stating that prices were heading to zero. The problem is, Bitcoin is still up more than 60x since he first took up his anti-crypto offensive in…