Held a debate between the main opponent and a supporter of cryptocurrencies. What is the result?
Source:
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 .
theWhere 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.
Highlights of my head to head w/ at event. I agree w/ him on everything except being a which competes w/ & on:
1. Unconsfcatability
2. Moneytary Policy
3. Censorship Resistance Payments— Tone Vays [@Bitcoin] (@ToneVays)
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
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
VEB and the Grozny mayor's office transferred the housing sector on the blockchain
In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...
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 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
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...
On the streets of the crowd of students, so it's time to announce the results Aug. The last month of summer for mining-pool was cool. We are now available to residents of Europe, USA and Asia supported by production MOAC in PPLNS ...
HODL IT: as the main motto of the cryptocurrency will become a new reason for Bitcoin bullrun
«Hadl» not only became the motto of all investors, but the main reason for the success of cryptocurrencies. However, those who bought the crypt after November 2017, still suffering huge losses. And yet in the long run th...
As the price of Bitcoin is related to queries to Google? The analyst
Dutch economist and Advisor to the National Bank of the Netherlands, Joost van de Burgt discovered the dependence between the value of Bitcoin and the number of the request is the first cryptocurrency to Google. About it writes . ...
Everywhere divorce: McAfee refused to pay the reward for the bugs found in the wallet
15-year-old hacker, Salim Rashid has published in his Twitter a video of breaking "unbreakable" crypto wallet Bitfi from John McAfee, removing any remaining questions about the security of the store. An hour later, representatives...
From zero to one million: how much really is Bitcoin?
the Price of Bitcoins has not left the range of 5800 to 8000 dollars in the last three months. At the moment the crypto currency on the level of 7200 dollars. The real value of the asset is in a much broader framework. About it wr...
Come September. It's time to finally say goodbye to summer and to take stock of the last warm summer days. This tradition helps Cryptomach. Today think about the possible changes to the Russian miners, the fresh decision of the de...
Doggie style: why Dogecoin has risen by 83 percent in four days?
One of the most popular cryptocurrencies suddenly increased by almost two times. Just four days Dogecoin has risen by 83 per cent. A sharp increase in the capitalization of the coins lifted her up to 23rd place among all cryptocur...
Coin Ghost: where did the national cryptocurrency of Venezuela?
in the Midst of the worst economic crisis in Venezuela's history, nowhere main «Savior» the country's national cryptocurrency El Petro. Venezuelans are not using Petro in everyday life. About it writes . the El Petro. Wh...
10 000 000 per coin: what will happen to Bitcoin after the next halving
To the new halving Bitcoin is little more than two years, but around this event already spread interesting rumors. In the history of cryptocurrency previous two reduce the reward for the block clearly coincide with the beginning o...
Matrix failed: NEO is the worst investment of August among the top 25 altcoins
during August the fourteenth in terms of capitalization, the cryptocurrency had lost approximately 39 percent of its value against the dollar. According to the data, the worst investment in the last month of the top 25 coins on Co...
Poor: fraudsters earn in the hidden mining of only 5.8 dollars a day
Sites where software is installed for covert mining Coinhive, on average, bring the creators only 5.8 USD per day. This is stated in the study of the Technical University of Braunschweig, which leads . Analysts estimate that on av...
The bottom of found: now Bitcoin will only grow
Since the beginning of August the main cryptocurrency has lost almost 10 percent of its value. However, a deeper analysis of the chart of Bitcoin is a bit encouraging. Judging by the recent price movement ahead of us the gradual g...
on Friday during the videoconference, the Ethereum developers made a final decision on the reduction of rewards for miners. Now for the extraction of one unit of Ethereum they will get 2 ETH. About it writes . the Features of mini...
Peak popularity: Eminem has mentioned Bitcoin in his latest album
the Cryptocurrency got to text one of the songs of rapper Royce da 5’9″, whose track included in the album, Eminem Kamikaze. We will remind, it already the tenth album of the famous singer, his exit announced himself Eminem ...
Here is closer: Yahoo Finance has started trading with Bitcoin, Litecoin, and Ethereum
the financial Services information from Yahoo Finance have added the feature to trade Bitcoin, Ethereum and Litecoin on its platform. This writes with reference to the message of the company. the Service began to display quotes of...
Our school: the Japanese police will be monitoring the transactions of citizens with cryptocurrency
the Police of Japan has created a system of tracking cryptocurrency transaction — software will allow law enforcement to investigate cyber crimes related to digital money. This writes with reference to the local media. According ...
Comments (0)
This article has no comment, be the first!