Wrong, Wrong, Wrong. Roubini is a bankster shill who's only skin in the game is to prop up the failing and inefficient tapeworm sector.

Banks may have "efficient systems to process millions of transactions per day", for themselves.

Cryptocurrency allows the every day Joe or Jane to use his or her hard earned exactly how he or she wants to. He is neglecting the fact that you can now send your money from anywhere in the world, to anywhere in the world in seconds. Without 'help' from the banks.