Roubini Not Sold on Crypto Despite Record-Breaking Rally
Nouriel Roubini, one of the most prolific cryptocurrency critics, has not warmed up to Bitcoin even after the blistering rally experienced by the leading cryptocurrency.
The Turkish-born American economist, who famously predicted the global financial crisis in the late 2000s, recently mentioned a slew of reasons why he remains a crypto skeptic.
According to Roubini, Bitcoin cannot function either as a currency or a unit of account.
Moreover, he has noted that the large cryptocurrency does not have a sufficient level of scalability to be used for making payments.
While Bitcoin has started chipping away at gold’s market share, Roubini…
