Roubini pushed a narrative that claimed a Starbucks latte will cost $63 if paying with Bitcoin because a Bitcoin transaction fee is $60. In reality, the transaction fee of Bitcoin is below $0.1, which is common knowledge and verifiable to the public on the blockchain.
Max Keiser, a host at RT, respected cryptocurrency investor, and alum of the prestigious New York University said that fellow alumni are trying to prevent Roubini from continuing to demonstrate the unjustifiable aggressive behavior towards crypto in public.
"Many at NYU are in touch with Nouriel Roubini trying to get him to shut up. He's known as a rage-aholic, egomaniacal, windbag. Students are really complaining. It's becoming an issue with alumni fund-raisers like myself."
Keiser added that he has opened discussions with the NYU board to control the behavior of Roubini, as it has started to affect fundraising initiatives of the institution.
The absurdity of Roubini's baseless criticism on cryptocurrency does not end with his aggressive behavior.
On Oct. 17, Roubini claimed Ari Paul, the co-founder of Blocktower and a prominent cryptocurrency investor, supported price manipulation when Paul simply offered a statement that wash trading is not equivalent to conducting ponzi schemes.
The fundamental basis of the studies led by economists like Roubini is that fiat currency such as the U.S. dollar and Chinese yuan will always remain as the base currency of the global financial ecosystem.
To Roubini, crypto in itself could be considered as a threat towards the current structure of the international economy.
In 1991, Roubini famously claimed that mobile phone technology will cease to exist.
In a period in which bankers and executives in the traditional finance sector are pondering the potential impact of crypto on global finance, the absolute certainty of Roubini that crypto will fail is rather peculiar.
NYU Students Complaining About Nouriel's Attack on Crypto Says Alum
gepubliceerd op Oct 18, 2018
by Cryptoslate | gepubliceerd op Coinage
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