If you thought the party was swinging too wildly, here's someone to burst the bubbles in your fizz.
Economist Annoyin Rubini, likes to say the obvious - and gets the airtime for free.
Roubini maintains that bitcoin and crypto are a bubble and will burst soon, maintaining that despite having a market cap of $2 trillion, it will not impact the financial sector. He said that if the bubble bursts, it will affect mainly individual investors.
See what I mean?
https://finbold.com/american-economist-bitcoin-wont-be-digital-gold-and-cbdcs-will-kill-cryptos/
When you burst one bubble, the sheer joy means you find bubbles everywhere - just to go along and burst them! Fun guy.
I hate to bring up a serious point, but he's half right about the central banksters.
I should wait 5 minutes to upvote but I couldn't. I don't care much about the bubble but decentralization is here to stay.
Everything’s a bubble these days. Lumber, housing, chlorine, .... I just stopped buying anything.
mmm... maybe there is a reason - synthetic shortages.
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