BITCOIN AND BLOCKCHAIN
In an article in The Guardian this week, economists Nouriel Roubini and Preston Byrne call blockchain “one of the most overhyped technologies ever.” In an earlier piece, Roubini predicts that Bitcoin and other cryptocurrencies collectively are “the mother of all bubbles.” When Roubini talks about bubbles, we should definitely listen: in the mid-2000s, he was either luckier, gutsier, or just more prescient than most people in warning of impending doom in our financial system. But that bubble and the one he’s predicting now are two very different animals. The former involved a catastrophic combination of inflationary monetary policy, government interference in housing markets, and tacit collusion between big banks and rating agencies. We can all hope it will never be repeated. The latter involves thousands of small entrepreneurs and an increasingly loud media echo chamber, and in the long run this “overhype” may be a good thing.
Source: https://www.aier.org/blog/yes-dr-roubini-blockchain-overhyped-and-thats-good-thing
Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.
Some tips to share content and add value:
Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.
Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.
If you are actually the original author, please do reply to let us know!
Thank You!
very nice post
upvoted and stay us