Roubini, the economist that we all love
Some people might take you seriously on that, so a bit of clarification:
https://www.banking.senate.gov/imo/media/doc/Roubini%20Testimony%2010-11-18.pdfCrypto is the Mother of All Scams and (Now Busted) Bubbles While Blockchain Is The Most Over-Hyped Technology Ever, No Better than a Spreadsheet/Database
Nouriel Roubini
Stern School of Business New York University October 2018
Anyhow, Roubini has been wrong so many times since 2007 that has passed beyond the broken clock scenario unless seconds are ears and we must wait for another 36 millennia to hit a prediction right. Seeing all the doomsday lovers screaming the end of the world is coming makes me more optimistic.
@stompix you’re absolutely correct because for few minutes I was wondering if this is some new guy we’re talking about, or it’s the old one who’s opinion these days don’t really matter.
If you make a career out of one point of view you eventually make yourself totally irrelevant as you can't give it up and acknowledge what's actually happening.
Even if you're eventually proven right, if you spent all that time repeatedly calling for something that won't arrive for another few years that doesn't make you look like a genius, it makes you look lazy. Almost everyone's proven right eventually if they pound the same points over and over.
Same goes for Zerohedge, the site that predicted 200 of the last 2 recessions.
@gentlemand doesn’t this remind you of a very wise investor who’s yet refusing to accept bitcoins, clue his last name is Buffet, and both of them have one thing in common it’s their rigid approach which is blocking their view to see a different picture.
Source:
https://www.cnbc.com/2019/05/04/warren-buffett-says-bitcoin-is-a-gambling-device-with-a-lot-of-frauds-connected-with-it.html