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Economist Nouriel Roubini, also known as “Dr. Doom,” predicts that the global reserve currency system will shift from unipolar to bipolar. He expects most countries that attempt to reduce their reliance on the U.S. dollar to propose the Chinese yuan as an alternative to the USD. Roubini on U.S. Dollar and Chinese Yuan as Global […]Powered by WPeMatico
Economist Nouriel Roubini has shared his opinion about bank problems in the United States in a recently published opinion editorial. In the article, Roubini insists that “most U.S. banks are technically near insolvency, and hundreds are already fully insolvent.” Roubini: ‘Liquidity Support Cannot Prevent This Systemic Doom Loop’ The renowned economist Nouriel Roubini, also known […]Powered by WPeMatico
Nouriel Roubini, an economist known as “Dr. Doom,” has warned about the demise of the U.S. dollar and the rise of a “bipolar” world. Roubini believes that the Chinese renminbi might be a substitute for the dollar, as new technologies like central bank digital currencies (CBDCs) and corporate payment rails contribute to a new landscape. […]Powered by WPeMatico
There’s something about Bitcoin that stirs up strong emotions in people. Libertarians love it. Anarchists adore it. Cypherpunks crave it. But not all of the emotions Bitcoin engenders are positive. Bankers fear it, politicians distrust it, environmentalists resent it, and a few people, why, they veritably hate it. Also read: 30 People Who Were Really […]
The post 3 People Who Hate Bitcoin With a Passion appeared first on Bitcoin News.
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This rebuttal to Dr. Doom, AKA Nouriel Roubini, was written by Thomas Schouten, the Head of Marketing at Lisk. Schouten holds a Bachelor of Science in Business Administration and a Master of Science in Strategic Entrepreneurship from Erasmus University Rotterdam. Nouriel Roubini, a long time skeptic of cryptocurrencies, unleashed another wave of negative rhetoric recently, aiming to undermine the […]
The post Debunking Dr. Doom: Building a New Global Economy on a “Glorified Spreadsheet” appeared first on Bitcoin News.
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Noted Bitcoin critic Nouriel Roubini will deliver a speech on cryptocurrency and blockchain to the U.S. Senate today, and it is unlikely that the man known as “Dr. Doom” will mince his words. Nor will the economist concern himself too much with the truth, as his prepared testimony is filled with exaggerations and inaccuracies that […]
The post Bitcoiners Shoot Down Roubini’s US Senate Testimony appeared first on Bitcoin News.
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In today’s edition of The Daily we cover stories about a well known economics professor and outspoken crypto-skeptic who is going to speak about the subject at the U.S. Senate, bitcoin-buying service Coinmama adding support for SEPA bank accounts holders, and more. Also Read: Regulations Roundup: Crypto-Intermediaries in France, SEC Deadline for Rejected ETF Commentary […]
The post The Daily: Crypto-Skeptic Professor to Speak at US Senate, Coinmama Adds SEPA appeared first on Bitcoin News.
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Tempers flared during a cryptocurrency panel hosted at the Milken Institute 21st Global Conference, in Beverly Hills, California with discussions degenerating to profanity as Nouriel Roubini, also known as ‘Dr. Doom,’ described bitcoin’s purported decentralization as “bullshit.” In addition to the comedy of Mr. Roubini, the United States Commodity Futures Trading Commission (CFTC) chairman offered […]
The post Tempers Flare at Milken Institute Cryptocurrency Conference appeared first on Bitcoin News.
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There’s been a lot of discussion and controversy surrounding Tether (USDT) a digital asset that claims to be backed by the U.S. dollar. Now according to reports, the U.S. Commodity Futures Trading Commission has subpoenaed the cryptocurrency exchange Bitfinex and the company Tether for unknown reasons. Also Read: Analyst: IOTA Sharply Overvalued Due to “Overwhelming […]
The post U.S. Regulators Send Tether and Bitfinex Subpoenas appeared first on Bitcoin News.
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