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Just prior to a Senate Committee hearing on cryptocurrencies, he wrote, "Crypto Crazies are also
criminal Cyber-Terrorists," and alleged that his consulting firm, Roubini Global Economics, was
targeted in a 2015 denial-of-service attack because he criticized bitcoin.
Roubini further claimed that he had received death threats as a result of his views. Roubini said in the
tweet that he anticipated another attack, and had received recent threats..
These alleged threats did not force the economist to back down from his stance on bitcoin, however.
In another tweet, the New York University professor praised Agustin Carstens, the head of the Bank
for International Settlements (BIS), for labeling bitcoin as a "Ponzi scheme" in a speech Tuesday.
In other tweets, Roubini posted links to several articles claiming a connection between bitcoin and
criminal activity. At the same time, he noted bitcoin's recent price decline and the overall
cryptocurrency market correction, saying that bitcoin is starting "to look like a dinosaur on the way to
extinction," and suggested that its value will remain volatile.
As previously reported by CoinDesk, Roubini has been a consistent and vocal critic of bitcoin and
cryptocurrencies more generally.
Last month, he condemned the notion that cryptocurrencies could replace fiat currencies as "utterly
idiotic." In the past, he has also dismissed bitcoin as a bubble and a "Ponzi game."
0.61%
02628 CHINA LIFE 24.850 0.150
(these are examples these stocks are from 2013)(photo not real)