Nouriel Roubini Slams Bitcoin After Initially Calling It a Partial Store of Value
btcmanager.com
Dr. Nouriel Roubini, a notorious Bitcoin critic, and economic analyst has yet again cautioned institutions and retailers against investing in the digital currency. According to Roubini, Bitcoin tends to fall every time there is a drop in value in the stocks.
The NYU professor also cited scholarly work in the field of cryptocurrency that proves that Tether is being used to manipulate Bitcoin’s price. The report claimed that Nouriel insisted that Bitcoin is not a currency but it may be a partial store of value.
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