‘Overhyped’ Blockchain is ‘No Better Than Excel Spreadsheet’

Noted bitcoin-basher Nouriel Roubini was at it again in Davos, claiming that blockchain is no better than an Excel spreadsheet. | Source: Shutterstock By CCN.com: Bitcoin and cryptocurrencies are the mother and father of all bubbles, and blockchain is nothing more than a “fancy database.” That’s what bitcoin-bashing New York University professor Nouriel Roubini said …

Bitcoin Network Loses Nodes and Difficulty, Militants Use Crypto In Struggle to Secede, NYU Professor Goes Off The Rails, and More: Last Week In Crypto

Bitcoin Price Recovery Alongside Network Changes The Bitcoin price came back from the brink this week, reaching nearly $4,000 by Sunday. Analysts were at times throughout the week worried that it would lose support around $3,400 and then drop beneath $3,000, but this hasn’t happened. At the same time, however, two important Bitcoin network metrics …

Cryptocurrency ‘More Centralized than North Korea’: NYU Economist

New York University (NYU) economist Nouriel Roubini is scheduled to testify later this week during a U.S. Senate hearing on blockchain and cryptocurrency technology, and the noted bitcoin basher appears to be preparing for his testimony by trying out some new criticisms of the nascent asset class. Ethereum Co-Creator a ‘Dictator for Life’ Writing on …