2018-05-03 09:32:53

Professor Nouriel Roubini Calls the Blockchain a 'Glorified Excel Spreadsheet'

Professor Nouriel Roubini, the economist nicknamed "Dr. Doom" for predicting the housing bubble crash of 2007-2008, who is one of the biggest crypto bears in the world, called the blockchain "a glorified Excel spreadsheet" at yesterday's panel on cryptocurrencies at the Milken Institute Global Conference 2018 in Beverley Hills, California. This didn't go well with the Bitcoin and blockchain advocates at the panel.