Economist Lubini warns of an impending "cryptocurrency doomsday," calling cryptocurrencies a volatile "pseudo-asset class" rather than a currency. Bitcoin has fallen about 42% from its October high and did not serve as a hedge when gold rose. Criticizes the deregulation during the Trump era (GENIUS/CLARITY). Currently below $71,600. #比特幣 #Crypto
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Economist Lubini warns of an impending "cryptocurrency doomsday," calling cryptocurrencies a volatile "pseudo-asset class" rather than a currency. Bitcoin has fallen about 42% from its October high and did not serve as a hedge when gold rose. Criticizes the deregulation during the Trump era (GENIUS/CLARITY). Currently below $71,600. #比特幣 #Crypto