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  • Dr. Doom: I don’t see it going anywhere

    Economist Nouriel Roubini — also known as “Dr. Doom” for his prediction of the 2007–2008 financial crisis and his criticism of cryptocurrencies — has conceded that Bitcoin (BTC) is “a partial store of value.”Maybe Bitcoin is a partial store of value but it’s not a unit of account, it’s not a means of payment, it’s not scalable […] in spite of its rally earlier this year, it’s lost 60% in value since its peak, so I don’t see it going anywhere frankly.”