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Don’t fall for the bitcoin bubble, even the Flintstones had a better system, warns economist Nouriel Roubini

Marketwatch
 2021-02-10

Cover picture for the articleMore than two years after warning U.S. lawmakers that cryptocurrencies are “the mother of all scams and bubbles,” economics professor Nouriel Roubini remains a hater. “Since the fundamental value of bitcoin is zero and would be negative if a proper carbon tax was applied to its massive polluting energy-hogging production, I predict that the current bubble will eventually end in another bust,” Roubini wrote in an opinion column for the Financial Times on Wednesday.

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