Bitcoin Forum

The reasons behind Nouriel Roubini year long fud campaign against Bitcoin and cryptocurrencies became immediately known to me with this tweet:

https://twitter.com/nouriel/status/1064509870307794945?lang=en

He is thinking of Bitcoin and the rest crypto as an opponent to what he is paid to promote (Central Bank Digital Currencies).
He is marketing something that is not even created, so he keeps his bankster friends inviting him to their orgies and cock sucking expeditions.

CBDC's will only bring another round of poverty and invade our privacy.

Vast amount of wealth will be thrown into this black hole of finance. Value of CBDC's will actually decline faster than fiat.
Central Banks are ready to create real vaporware, with not even the slightest hope of succeeding.

This is what Roubini is actually promoting: https://www.youtube.com/watch?v=lfP8dx2TdEM

When a prominent personality like Warren Buffet and a renowned banker like Jamie Dimon couldn't do anything, what can a less known person like Nouriel Roubini would do? 99% of the crypto community don't know about this punk!

The world is rapidly moving towards digitization and bank introduced digital  currencies will fuel that move! I mean, it's always convenient to carry just a mobile phone instead of carrying a wallet in our back pocket with numbers of plastic cards and cash in it. But if someone is thinking that this digital currencies will create issues for original cryptos, they need to re-think their position! The way fiat currencies couldn't do any bad to cryptos, its digital representation would do no harm either!

That is the same what Chinese government is doing. Libra has exactly the same idea of centralisation with blockchain and in my opinion it is an important step towards the mass adoption, even if we would sacrifice decentralisation at the end.

if leaving the word decentralized means that it's not an actual blockchain technology, Bitcoin is already famous for its decentralization making everyone want it,

A decentralized system means a more transparent economic model. There will be no easy change. Facebook can initiate this biggest change. People can wake up to a new world. A new trading method means a new shopping world.

In my opinion, it is difficult to make a central bank specifically for digital money because most cryptocurrency is decentralized. In addition, Bitcoin or cryptocurrency is intended to be made so that there are no third parties in every transaction made.

It's and you are wrong about that. sometimes the decentralized can be part of the blockchain but you must consider there was another chain that called a sidechain which is really centralized.
that depends on what will be the purpose of the blockchain itself. If that will be used as a public blockchain and decentralized is a must caused by that puts transparency at the top of the blockchain.

but you guys must understand if the main intention of this thread is about telling use if roubini was a promoter for the centralized banking of the digital currencies.

Roubini and company are only after for the destruction decentralization, they are one sided and they think that people buying Bitcoin and crypto are fool dreaming nonsense. The move by central banks to create a digital currencies is just a rebrand of an inflating instrument.

Everyone can say that with their assumptions and thoughts. But clearly decentralization will not be easily extinguished because people need privacy and transparency which is known to centralize does not make the privacy and complete control of one's money held by himself.

Yes the fact is a lot like that, spread FUD news then on the other hand promote another altcoin. He made a blunder because it turns out he himself has altcoin to promote, while there are quite a lot of crypto users in the world. The progress of the era will open dilapidated it all, because all people turn to the digital era including digital currencies whether it's bitcoin or digital money made by banks. With the presence of bitcoin is changing the way transactions today have started using cashless in all sectors.