Bitcoin is the 'mother of all scams' and blockchain is most hyped tech ever, Roubini tells Congress

cryptonized (73)in #cryptocurrency • 6 years ago

Bitcoin is the 'mother of all scams' and blockchain is most hyped tech ever, Roubini tells Congress

"Roubini, one of the few economists who predicted the 2008 financial crisis, warns U.S. senators of the pernicious sides of bitcoin and other cryptocurrencies Thursday."

_{Read more: www.cnbc.com}

More news sources

Economist who predicted financial crash warns Bitcoin is 'mother of all scams'

The economist who predicted the 2008 financial crash has warned American politicians that Bitcoin is “the mother of all scams” during a Senate hearing on cryptocurrency.

_{Read more: www.telegraph.co.uk}

XRP Price Analysis – October 11

The XRPUSD pair is in a bearish trend as it is set to erase the gains of the September 20 price rally. On the short term trend, the cryptocurrency is approaching the price at $0.41. However, the XRP price will continue its downward trend because the price...

_{Read more: www.cryptoglobe.com}

The Daily: Whales Join China’s Richest Ranks, Seniors Take a Swing at Bitcoin

In today’s edition of The Daily, we look at the cryptocurrency entrepreneurs who now rank among the richest people in China, the limited return to operations of 1Broker, and a rather amusing attempt to explain Bitcoin to older folks by the AARP. Also Re...

_{Read more: news.bitcoin.com}

Litecoin (LTC) Price Analysis – October 11

The LTCUSD pair had been fluctuating above the $57 price level but had been broken by the bearish trend. On the short term trend, the price of Litecoin is bearish. Litecoin had fallen to the low of $52 and commenced a range bound movement. However the Rel...

_{Read more: www.cryptoglobe.com}