You are viewing a single comment's thread from:

RE: "Dr. Doom" Nouriel Roubini Says Bitcoin Is The "Biggest Bubble In Human History"

in #bitcoin8 years ago (edited)

Fascinating. An NYU economics professors' take on Bitcoin? Great, you know what you do with that? Blow it out somebody's 200 thousand dollars of liberal arts college tuition fees' ass. Is this guy kidding me? Probably the best point in his entire argument is the one he made about it being an ecological disaster...

I agree; so is absolutely everything else in human technology. At least cryptocurrency and blockchain is enabling new ways of looking at the world... (Ways of looking in the world that make his job and post at a University completely redundant, of course)...

I think that's really the crux of the matter... This professor "Roubini" will be out of a job in a couple more years...

The "Mother of all Bubbles is finally crashing!" - Where does this guy get off on such a ridiculous statement. And the way he puts down ICOs and other token-sales...

These are obviously the words of a self-interested career-grubbing weasel... Absolutely no insight on offer except the same repeated, rehashed arguments extolling the supposed risks of cryptocurrency...

I don't even like Bitcoin. But hating on "cryptocurrency" and saying that is not the way blockchain should be used? This guy should get a life! There's hundreds of ways Blockchain can and will be used, but re-appropriating the right to create, issue and circulate our own currencies is absolutely primordial...

I like digital cash... I want a trustless, peer-to-peer network that allows me to move funds across the world cheaply, discreetly, instantly...

As long as as there is a network that allows me to do this, why would I bother worrying about "big markets" and "speculative bubbles"

I'm interested in alt-economy, not Hyper-Cryptonancialization...
People can HODL all they want, I just want to mine and spend and transact in crypto all day, every day.

Thanks zer0 for the ridiculous comments from a man who knows not what he is speaking of. (And by the way I support what you do here man, I like having access to this content directly on Steemit, it's all cool to me bro)

Sort:  

Armchair Crypto Heretics! /s

I know right! Tell me about it! I swear lol: an "economics" "professor"
That guy needs a fricking life!!!