The Coming Crypto Apocalypse
4 Articles
4 Articles
The Coming Crypto Apocalypse
The future of money and payments will feature gradual evolution, not the revolution that crypto-grifters promised. Bitcoin and other cryptocurrencies’ latest plunge further underscores the highly volatile nature of this pseudo-asset class; one only hopes that policymakers will wake up to the risks before it’s too late.
Roubini Slams Crypto: ‘Crypto Apocalypse’ Coming
Nouriel Roubini, the economist renowned for forecasting the global financial crisis, has delivered a scathing critique of cryptocurrencies, which he has labelled ‘The Coming Crypto Apocalypse.’ Roubini’s commentary underscores his longstanding scepticism towards digital currencies, questioning their fundamental utility and stability. He argues these digital assets have no utility, and should not be considered currency. Roubini asserts that refer…
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