Anti-crypto campaigner and perennial Bitcoin basher, Nouriel Roubini, is at it again. But this time around, hes after Ethereum (ETH). According to a tweet by Dr. Doom, Ethereum is still a long way from its fundamental value of $0. Just like his previous criticism on Bitcoin, Roubini is certain that in the long run, ETH will hit a $0 price mark.
For some time now, Dr. Doom has been bashing cryptocurrency with his skepticism of several financial markets, including bitcoin.Source link hereETH to zero? In your dreams, hater!!!
There come a time that ETH may be bottoming out within this month, but it would not go down to zero for sure.
Before
Virgil Griffith was arrested, he shared to me and the rest of the attendees last January 2019 at the Boracay Blockchain Summit about Ethereum's proof-of-stake and the future developments, and why we should be excited about them in the long run. Same thing with Vitalik Buterin when he talks about Ethereum's bright future at Token 2049 Hongkong.
After the Ethereum supermeetup, he and the other keynote speakers are in an
AMA session answering the community's questions related to the project.
For me, I honestly think that we should be excited about Ethereum's long-term future, not focusing on Roubini's hate speech about them, Bitcoin and other cryptocurrencies.
To be honest, Nouriel Roubini is nothing but an all-in-one stupid idiot!
He needs to research the use cases of a decentralized protocol =]. He obviously doesn't fully grasp progressive technologies such as blockchain and smart contracting!
But, all that aside, the older generation is used to conventional investment methods. Creating private keys and sending millions with a click of a button isnt for everyone.
Those that adapt the smart contracting model will have prosperous business that won't be tarnished by inauthenticity.