Economist Nouriel Roubini blasts Bitcoin’s decentralization as ‘nonsense’
Renowned economist Nouriel Roubini has once again delivered a scathing critique of Bitcoin (BTC), questioning its decentralization and doubts about security and scalability. Notably, Roubini has maintained a dismissive stance towards Bitcoin and the broader cryptocurrency space, often branding them as scams. In a May 3 debate organized by financial news aggregator Zerohedge , where Bitcoin was pitted against gold, Roubini dismantled the foundational principles of the leading cryptocurrency. Picks for you Cryptocurrency investor loses $70 million in six hours: Address poisoning attack 52 mins ago U.S. billionaires now have a lower effective tax rate than working-class 1 hour ago U.S. economic apocalypse imminent? Government debt market collapse begins 2 hours ago Michael Saylor warns these popular cryptocurrencies will be deemed securities 3 hours ago Drawing on his reputation for accurately predicting the 2008 financial crisis, he argued tha...