Held a debate between the main opponent and a supporter of cryptocurrencies. What is the result?

Date:

2018-09-04 00:30:07

Views:

73

Rating:

1Like 0Dislike

Share:

Held a debate between the main opponent and a supporter of cryptocurrencies. What is the result?

The Founder of LDJ Capital David Drake recently organized a debate between Nouriel Roubini and Tony Weiss. Prior to that, Roubini is not just the disadvantages of the cryptocurrency and called it the bubble. However, he has good credit — informed Roubini accurately predicted the economic crisis of 2008. The details of the dispute supporter and opponent of the crypt published .

the

Where may come in handy

Tony Weiss found the arguments in favor of the stock market. However, even he does not exclude that except Bitcoin can be «useless» or even «outright Scam».

Roubini is struck with the other hand — the analyst has noticed that financial regulators are not too favorable to digital assets. In response, Weiss compared the Bitcoin with nuclear waste.

If you don't know how to store nuclear waste — this could be a disaster. The same applies to cryptocurrency.

According to Weiss, bitcoins cannot be confiscated by their holder. If the crypt is stored in a safe place, no one else can steal it or somehow affect the transaction of coins.

Roubini from this point of view does not agree.

This is not true. Them .

Analyst fears that the cryptocurrency can become a new «a Swiss Bank account» where to siphon funds for concealment from taxes. In addition, any government, including the administration of Donald trump, is unlikely to turn a blind eye to the anonymity of Bitcoin.

At the end of the debate Roubini also mentioned that mining of Bitcoin is becoming more and this could jeopardize the image of the entire industry.

What do you think about the centralization of Bitcoin? Share your point of view in our .

Recommended

How much to send 30 thousand bitcoins? An unexpected answer

How much to send 30 thousand bitcoins? An unexpected answer

Cryptocurrencies are often subjected to harsh criticism by traditional bankers, investors and officials. Causes are usually a large number of scams in the industry, high volatility and limited in scope. However, digital assets, there is one indisputa...

Expert: for the approval of the Bitcoin ETF will take years

Expert: for the approval of the Bitcoin ETF will take years

CEO of Pantera Capital Dan Morehead believes that the issue of approval: the ETF is not as important as Bakkt and Fidelity. These projects start cryptocurrency trading platform for institutional investors, and the ETF is still too early. the Founder ...

Analyst at Pantera Capital: after the arrival of the bulls, the stock market will increase 10 times

Analyst at Pantera Capital: after the arrival of the bulls, the stock market will increase 10 times

During the next bull market capitalization of cryptocurrencies will grow at least 10 times or 1,000 percent above the current estimate. This was stated by analyst cryptocurrency Fund Pantera Capital Joey Circle. This implies that during the next rall...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Russian BBFpro seized all cryptomate. The company blames Central Bank

Russian BBFpro seized all cryptomate. The company blames Central Bank

Russian BBFpro reported the seizure by law enforcement agencies 22 cryptomate to check. According to the company, verification by the Prosecutor General at the request of the Central Bank. The same problems faced by other Russian ...

Alive: analysts have confirmed the Bitcoin forecast at 20 thousand dollars to the end of the year

Alive: analysts have confirmed the Bitcoin forecast at 20 thousand dollars to the end of the year

In the past month, Bitcoin was fixed at 6.5—7 thousand dollars, and on the weekend it passed the resistance level of 7.2 thousand dollars. Based on these successes coins Foundstrat founder Tom Lee and the head of RT Max Keiser con...