Nouriel Roubini. FinTech, Blockchain and Cryptoсurrencies: A Brave New World or a Bubble?

Nouriel Roubini is professor of economics at New York University's Stern School of Business and is the co-founder of RGE Monitor, an innovative economic and geo-strategic information service.

He served as a senior adviser to the White House council of economic advisers and the US Treasury, and has published numerous policy papers and books on key international macroeconomic issues. He is a member of the Council for the Future of Europe.

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[antonio]

Meanwhile Asia is embracing blockchain. Like xfers is going to use blockchain.

[sirbtc]

While I agree with most of his assertions, (and I think we, as bitcoin and block chain enthusiasts, should try to improve in those areas he points out), I must say he is just not willing to see the benefits behind the installment of crytocurrencies in our society. One of the reasons banks do not want to incorporate a solid block chain is because they will not be able to manipulate their books anymore.


I believe we, citizens, should be our own banks with money/value transferred directly to us and wealth should not be affected by inflation created by governments. Once we apply Neuroscience to the blockchain we can solve most of the problems the lecturer sees and vigorously teaches us about. We have to be open to those who tell us where we are failing.


Reminds me of the early days of the Internet where corporations were reluctant to adopt it and people were trash talking about the net. There was a big bubble that exploded in the year 1999-2000 and then we solved the mistakes and improved the net to what it has become today. Bubbles generally signal that something is right but tend to be the consequence of hysteria and the human desire to be first to profit from something. Disruptions take time to consolidate and generally need catalyzers to fully be adopted in our society, I think that the Block Chain is still too complex for most people to grasp. Time will give us the answers like it did in the past.

[ykhov]

I remember this guy still being a bear in 2009 after the market already crashed.

[Furtivo]

Why does he sound so angry? All he’s done the last 20 years is shit on the US Fed for printing money. Can’t he give just a bit of props to Saratoshi for addressing devaluation of currency?

[Gwdufsm]

this man comes across as an aggressive person lol or is it just me??

[Carbonkraft]

Nouriel has been debunked so many times on his point (same points he uses every time he speaks) Nouriel is letting hes emotions talk more then reason.

[chrismccluskey]

He's so mad he missed so many pumps

[FutureWei]

Just admit blockchain is a disruptive technology. LOL

[jamshidfar]

He does not have a clue what he is talking about. Waste of time listening to him. Words he uses all the time in serious debates are ridiculous, stupid, bullshit etc. Says a lot about his personality.

[FutureWei]

Rubbish, stock market also collapsed.