Roubini Says Bitcoin Is Just a 'Self-Fulfilling Bubble'

Roubini Says Bitcoin Is Just a 'Self-Fulfilling Bubble'

Assessment

Interactive Video

Business

University

Hard

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The video discusses the limitations of cryptocurrencies as currencies, highlighting their lack of scalability, stability, and utility. It contrasts this with the potential of Central Bank digital currencies (CBDCs) to dominate payment systems due to their efficiency and security. The speaker also addresses geopolitical risks, particularly the rising tensions between the US and China, and the potential economic impacts of inflation and conflict.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What intrinsic value does the speaker attribute to Bitcoin, and why?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways could Central Bank digital currencies impact payment systems?

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