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“Dr. Doom says bitcoin represents the ‘mother of all bubbles'” – MarketWatch | $6,221.97

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Fact Checker

It is clear by now that bitcoin and other cryptocurrencies represent the mother of all bubbles…

The new refuge of the crypto scoundrels is blockchain, the technology underlying crypto that is now alleged to be the cure of all global problems, including poverty, famines and even diseases…

Citing scalability issues and a lack of decentralization, the bitcoin skeptic adds blockchain technology is “nothing better than a glorified spreadsheet or database”

Eulogy made by Nouriel Roubini

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