4 ms·
Roubini has staked his reputation on Bitcoin failing, so as cryptocurrency advances, his predictions, along with his professional reputation, get dragged throug
by CryptoPunk 6y ago
Roubini has staked his reputation on Bitcoin failing, so as cryptocurrency advances, his predictions, along with his professional reputation, get dragged through the mud.
It appears he is now resorting to producing a dishonest and inflammatory appeal to the political and regulatory class, to intervene with heavy handed restrictions that would all but make any peer-to-peer use of cryptocurrency illegal, in order to make his predictions of Bitcoin's failure come true.
I hope that the top-down controlled regulatory apparatus that he supports and which impedes commerce, and exacerbates income inequality and financial exclusion, fails, and his entire political philosophy is made obsolete by cryptocurrency becoming ubiquitous.