“No serious institution would ever allow its transactions to be verified by an anonymous cartel operating from the shadows of the world’s authoritarian kleptocracies. So it is no surprise that whenever “blockchain” has been piloted in a traditional setting, it has either been thrown in the trash bin or turned into a private permissioned database that is nothing more than an Excel spreadsheet or a database with a misleading name.”
Nouriel Roubini, Economist and Professor, NYU · Bitcoin since: +946%
As published by Project Syndicate
A little perspective.
Bitcoin on that day$6,513October 15, 2018
$100 at that price$1,046At our latest price check
Illustrative value using a Bitcoin price of $68,142, checked Nov 13, 2026, 11:09 PM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Nouriel Roubini appears in 8 recorded obituaries. 74 declarations were recorded in 2018.
Keep the receipt.
Bitcoin Is Dead. “The Big Blockchain Lie” — Nouriel Roubini, Project Syndicate, October 15, 2018. Bitcoin: $6,513.38. https://bitcoindeaths.com/posts/2018-10-15-the-big-blockchain-lie