Renowned Economist Tears Into Bitcoin, Calling it Bulls**t

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In case you were wondering, Nouriel Roubini’s stand on Bitcoin and other cryptos hasn’t changed a bit. He still thinks cryptos are a scam, and believes Bitcoin is “bulls**t”. In a panel discussion at the Milken Institute in Los Angeles, the economist who lectures at New York University referred to late Bitcoin entrants as “suckers” who would end up being preyed on by the earlier entrants. The panel consisted of Abra’s CEO and founder, Bill Barhydt, Alex Mashinsky, CEO of crypto lending pool Celcius Network, and Brent McIntosh, general counsel for the U.S. Treasury. It was moderated by Anna Irrera, a journalist from

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