Crypto critic and professor of economics at New York University’s Stern School of Business Nouriel Roubini is expressing skepticism on Bitcoin (BTC) and other digital assets amid a banking crisis in the US.
In a new Stansberry Research interview, Roubini says that the crypto ecosystem has numerous bad actors, and the end days of the asset class are near.
According to Roubini, crypto does not qualify as a store of wealth and is “highly risky” as was evidenced by the collapse of FTX exchange under the watch of its founder and former CEO Sam Bankman-Fried (SBF).
“It’s [Crypto] highly risky. The lesson of the last year and a half has been that crypto is extremely dangerous. There are so many crooks, so many frauds. You
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