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Roubini on cryptos

Posted by Richard640 @ 4:38 on July 2, 2019  

Speaking at a blockchain summit in Taipei, Roubini reiterated his skepticism toward cryptocurrencies such as Bitcoin.

“There’s massive, massive amounts of price manipulation” in cryptocurrency trading, he said in remarks at the conference. As for blockchain, “it’s the most overhyped technology ever, it’s nothing better than a glorified spreadsheet,” Roubini said. “Nobody’s using it, and nobody’s ever going to use it.”

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.