‘Dr. Doom’ Roubini Doubles Down On Bitcoin (BTC) Bubble Quip

Bitcoin Still The Father (and Mother) of Market Bubbles The recent crypto market has only imbued long-time Bitcoin cynic, economist Nouriel Roubini, with more strength. In a recent interview, the Stern School at New York University professor, also known as Dr. Doom due to his relentless cynicism towards certain markets, explained this subject matter. He explained that from his standpoint, the “while crypto space is one of [those] asset [classes] that are not really money.” Backing his call, he went on to bash cryptocurrencies as a whole, noting that they are neither a currency/viable medium of exchange or a proper store of value. Although some would beg to differ, especially with the supply cap of Bitcoin and the impending Lightning Network, Roubini added that as BTC fell from $20,000 and $2,000, he’s still sure the cryptocurrency is the “mother and father of all bubbles.” Dr. Doom added that the fact…

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