Renowned economist Nouriel Roubini remains skeptical of Bitcoin despite its significant rally. He believes Bitcoin lacks the functionality of a currency or a unit of account and lacks scalability for payments. He also views it as an unreliable store of value and has previously called it "worthless." Roubini suggested that institutional investors who touch Bitcoin should be fired. Although Bitcoin is approaching $100,000, Roubini still considers it a pseudo-asset without intrinsic value. While some skeptics have embraced Bitcoin, Roubini and gold bug Peter Schiff remain firmly anti-crypto.
- Content Editor ( u.today )
- 2024-11-29
Roubini Not Sold on Crypto Despite Record-Breaking Rally