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Rockstar Economist Nouriel Roubini on Crypto-currencies and 'Shitcoins'
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This is rock star economist @Nouriel #Roubini at a reception at the #WEF2020 in #Davos2020, setting a crypto guy straight.
Nouriel explains why crypto-fanatics threaten to murder him, why he calls crypto currencies “shitcoins“, and why he thinks that 85% of them are based on fraud. In addtion, he elaborates the risks of digital central bank currencies, what he thinks about Facebook’s Libra and what he thinks of FIAT (paper) currencies in view of easy monetary policies. Tune in, definitely worth your while!
Happy listening! #SuperHubs
Nouriel explains why crypto-fanatics threaten to murder him, why he calls crypto currencies “shitcoins“, and why he thinks that 85% of them are based on fraud. In addtion, he elaborates the risks of digital central bank currencies, what he thinks about Facebook’s Libra and what he thinks of FIAT (paper) currencies in view of easy monetary policies. Tune in, definitely worth your while!
Happy listening! #SuperHubs
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