You will be logged out and redirected to the homepage

Dr. Doom aftermath: crypto space comes out in full force, Roubini keeps bashing

12 Oct, 2018
by Jelmer van der Dussen
News
Dr. Doom aftermath: crypto space comes out in full force, Roubini keeps bashing

The testimony of economics professor Nouriel Roubini on cryptocurrencies in Congress has caused quite a stir in the crypto community. Roubini said that Bitcoin represents 'the mother of all bubbles'.

On Thursday, Roubini testified in front of the U.S. Senate on Banking, Housing, and Urbain Affairs, together with Peter Van Valkenburgh, research director at Coin Center. Roubini said that cryptocurrencies 'are being used by criminals, terrorists, by tax evasors. It's the mother and father of all scams and blockchain is the most overhyped technology ever'.

Watch the full hearing back: Dr. Doom in Congress

The Roubini attack on the crypto space, not his first and probably not his last, made Crypto Twitter come out in full force.

The reactions coming from the crypto community didn't spook Roubini off. After the hearing he went on bashing cryptocurrencies and its community on Twitter.

Read more: Dr. Doom's damning speech on crypto

Follow Chepicap now on Twitter, Telegram and Facebook!

Read more about:Bitcoin (BTC)

Poll

Do you still take Roubini seriously?

(16 votes)

Add a comment

Check out the latest news