as bitcoin neared a high of almost 20,000. Member Offline Activity: 238 Merit: 1 hara Empowering billions through data one byte at a time necrofurian. He argued that cryptocurrency was the mother or father of all scams and bubbles, and dismissed blockchain as a glorified database. Dr Roubinis presentation was disheartening to witness, and his statistics were majorly taken out of context, added Marshall Hayner, founder and CEO of Metal, a platform for consumer-grade payments based on blockchain. Stable, scalable and reliable, central to the economists account was the claim that the technology was not reliable, which was also met with outcry. Roubinis dismissal of the technologies as being only used by terrorists and criminals was also met with derision. His comments on prices dropping 80 instills an unnecessary fear in individuals looking to enter the crypto fray, and raises alarms unjustly for those newly invested in the ecosystem, said Hayner. Dr Roubinis testimony today was irresponsible and rooted entirely in his own distrust of emerging technology rather than fact; most of his criticisms, particularly about stability and scalability, are currently being remedied by many well-known companies, added Hayner. But as discussed in detail below blockchain is the most over-hyped and least useful technology in human history Roubini said. In another tweet, he took the ConsenSys example and went on to mock the employees, who recently lost their job.
Offline, activity: 350, merit: 100, swipe, swipe. Whitepaper, telegram, twitter, medium, reddit alex219,. All of this also earned him a parody by a bitcoiner invoking the hit animated series South Park. Other economists and Wall Street leaders have agreed with Roubini's assessment on bitcoin. Within minutes of testifying at a congressional hearing on Capitol Hill on Thursday, Roubini sounded alarms on multiple aspects of the new digital asset class. Member Offline Activity: 616 Merit: 281 aya54. Experts from the cryptocurrency and blockchain community have responded with criticism, with Zach Warsavage, North American Strategist of decentralised web operating system Elastos, describing his testimony as fear-mongering. While he acknowledged that it's not widely accepted as a payment method, Van Valkenburgh said that aspects of it are still promising. Watch: Blockchain Capital's Spencer Bogart says Yale CIO's move into crypto is first step to a new crypto bull market show chapters). April 13, 2019, 05:14:36 AM (Moderator: EFS ) Author, topic: Ünlü Ekonomist Roubini: Bitcoin Gerçek Anlamda Merkeziyetsiz Deil ve Buterin.
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