Expert: cryptocurrencies are no better than North Korea

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2018-10-10 17:15:07

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Expert: cryptocurrencies are no better than North Korea

The Economist from new York University's Nouriel Roubini is preparing to report to the U.S. Senate about the cryptocurrency and blockchain technology. Like, famous in this industry came up with a new argument for the blow to the reputation of Bitcoin.

the

acne Buterin — dictator for life

In his Twitter Roubini tried to dispel «myth» that the whole crypt is decentralized. In his opinion, the industry is almost no different from North Korea. In addition to centralized exchanges and mining companies, a lot of harm «software developers, dictators». This list includes acne Buterin, the face of the Ethereum project.

Decentralization in cryptocurrencies is a myth: this system is still more centralized than North Korea. Miners, exchanges and even the developers completely centralized (and he Buterin dictator for life).

Acne is Aware of this or not, but he is glad to escape from the position in the Ethereum Foundation. This he informed in his Twitter account.

Recall, Roubini, nicknamed «doctor Doom» not for the first time negative comments about cryptocurrency. Most recently, he even publicly crap at the Milken Institute Global conference in Los Angeles. In February, he the fall of the exchange rate of Bitcoin to zero.

This Whole situation is not exactly in favor of the stock market. On Thursday Roubini will speak to the U.S. Senate in conjunction with the report of the crypt. He will be joined by Peter van Valkenburg, head of research at lobby group, cryptocurrency Coin Center.

image Source — FitVitalik

It is unknown to what epithets will resort Nouriel during the meeting. According to the tape of his posts on Twitter he doesn't support the stock market. However, we hope for the best. Recall, every new subscriber in our increases the probability of a positive decision of the Senate of the United States.

The Information was prepared .

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