Nouriel Roubini Sounds off on Cryptocurrencies in Senate Hearing
(WorldNews Iran)

Noted economist Nouriel Roubini sounded off on virtual currency and blockchain in a recent Senate hearing. The NYU professor classified cryptocurrency as a big scam and a bubble. Prominent economist Nouriel Roubini is one of the few who accurately predicted the 2008 financial crisis. Currently a professor at the New York University Stern School of Business, Roubini has been a notable and colorful critic of cryptocurrency and blockchain technology. He made a number of passionate arguments against both at a recent hearing on Capital Hill on October 11th. The hearing `Exploring the Cryptocurrency and Blockchain Ecosystem.` Roubini was...