Cryptocurrencies: A Year Ago, Bitcoin Traded at $8,200

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One year ago, U.S. cryptocurrency investors had an amazing Thanksgiving. Indeed, Bitcoin (BTC) was trading at $8,200 USD at the time. After a minor correction in October, the preeminent cryptocurrency continued to head northwards. There is no denying the fact that the U.S. cryptocurrency community was in a celebratory mood. Yes, the Thanksgiving celebration was … Continue reading “Cryptocurrencies: A Year Ago, Bitcoin Traded at $8,200”

Peter Van Valkenburgh Defends Cryptocurrency in US Senate Hearing

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As cryptocurrency becomes mainstream, Congress is debating how to handle its development. For example, Republican Sen. Mike Crapo said, “In order to move forward in a productive way and give these innovations the room to flourish in a safe and sound way, we need to sort through the static.” Cryptocurrency Naysayer: Dr. Doom Roubini Dr. … Continue reading “Peter Van Valkenburgh Defends Cryptocurrency in US Senate Hearing”

Crypto Naysayer Nouriel Roubini Speaks Before Senate Committee

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New York University professor and economist Nouriel Roubini (aka “Dr. Doom“) testified before the U.S. Senate Committee on Banking.  This detractor of cryptocurrency and blockchain presented his opinions about the failure of the system, and its lack of value. Roubini has long spoken out against Bitcoin. He was given his nickname based on his predictions … Continue reading “Crypto Naysayer Nouriel Roubini Speaks Before Senate Committee”

Dr. Doom to Speak on Cryptocurrency “Scams” Before Senate Committee

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Dr. Nouriel Roubini, aka “Dr. Doom“, will speak before the Senate Banking Committee on Thursday, October 11, 2018. He will relate his views on blockchain and cryptocurrency. Roubini, a professor of economics at NYU, received his nickname for his gloomy predictions about future of cryptos. The Mother of all Scams? Roubini  has been vocally campaigning … Continue reading “Dr. Doom to Speak on Cryptocurrency “Scams” Before Senate Committee”

Why Dr. Doom, Nouriel Roubini Can’t Stand Cryptocurrency and Blockchain

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Cryptocurrencies and blockchain are radically changing the way we see and operate in the world.  While the technology has many fans, some aren’t so enthused at all.  In fact, some consider it an insecurity that could damage the world economy. For example, among many naysayers of blockchain, Dr. Doom, or New York University Professor Nouriel Roubini. … Continue reading “Why Dr. Doom, Nouriel Roubini Can’t Stand Cryptocurrency and Blockchain”