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Author Topic: Cryptocurrency = The mother or father of all scams and bubbles  (Read 450 times)
Dissimulate
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August 23, 2022, 06:19:56 AM
 #41

Initially people talked negatively about Bitcoin and most of those people own Bitcoin today. It is just normal for people to criticise things that they do not understand.
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bakasabo
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August 23, 2022, 06:30:53 AM
 #42

I disagree that cryptocurrency are parents of scams and bubbles. Long before crypto there were a category of people who were so good at talking, persuading and taking investments from naive people. There were always people who scam others for money. For example take ancient doctors, who sell magical potions of youth or immortality. Cryptocurrency are only on of the instruments to scam people.

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Jeger.Kiting
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August 24, 2022, 04:07:59 AM
 #43

Nouriel Roubini describes cryptocurrencies as "the mother or father of all scams and bubbles." Also, he thinks that blockchain is a simple thing and blockchain is nothing more than a sheet in "Excel"!

https://www.consultancy.uk/news/31267/most-consumers-do-not-trust-cryptocurrencies

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I have always seen detractors of Bitcoin and cryptocurrencies. But this one, it's hilarious.
In my opinion, these are the words of someone who has no knowledge about cryptocurrencies and blockchain. Also, I think that his only reason for saying such things is to become a little more famous and we hear his name on social media.



Granted, there is a lot of ridicule and bad news being spread by unscrupulous people about Bitcoin but it doesn't really affect the market much. People like this in my opinion are just idiots who don't have extensive knowledge of crypto and Blockchain, so what they say is like a weird joke that sounds like a child who doesn't know anything about this.
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