Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini

Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U.S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. His testimony makes an extensive number of critical points on the Bitcoin and cryptocurrency ecosystem. In this article, I want to set out a defense of Bitcoin against them. Importantly, I have not attempted to critically assess each and every single point he makes.…

Nouriel Roubini Tries to Attack Bitcoin by Saying Fees Cost $55, Fails

Global economist Nouriel Roubini expressed his rage against Bitcoin and blockchain while displaying his profound lack of understanding in the field. A Political Rap against Crypto Roubini was present at an informational hearing round “Exploring the Cryptocurrency and Blockchain Ecosystem” organized by the US Senate Committee on Banking, Housing, and Urban Affairs, alongside Peter Van Valkenburgh, the Director of Research at Coin Center, a nonprofit crypto advocacy organization. The purpose of the hearing was to listen to both the sides as the House of Representatives draft bills to regulate the…

‘Dr. Doom’ Nouriel Roubini to Take on Crypto at US Congress Hearing Today

American economist Nouriel Roubini has prepared his “debunking” of the crypto and blockchain space in a 30-page testimony set to be delivered at a U.S. congress hearing. The hearing will be held today, Oct. 11 by the U.S. Senate Committee on Banking, Housing and Urban Affairs, and is devoted to “Exploring the Cryptocurrency and Blockchain Ecosystem.” Roubini will testify in counterpart to Coin Center director of research Peter Van Valkenburgh. Roubini’s testimony asserts that the crypto “bubble” of winter 2017 was driven by the FOMO (fear of missing out) of…

Bitcoin, North Korea, and the Gini Coefficient-Who Wants What Nouriel Roubini Is Smoking?

Bitcoin, North Korea, and the Gini Coefficient–Who Wants What Nouriel Roubini Is Smoking? October 9, 2018 by Paul de Havilland Honing in on the proximity of bitcoin’s Gini coefficient to North Korea’s, Nouriel Roubini doubled down on his scathing criticism of crypto and blockchain at the Ahead of the Curve Speaker Series in New York a few days ago at The Assemblage John Street hotel. Also see: Andreas Hassman on tezos.blue: The ‘Showcase App’ for Tezos Building Subscribe to the Bitsonline YouTube channel for great videos featuring industry insiders & experts Nouriel Roubini–Doctor…