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CryptoGlobe
2018-08-26 13:30:51

Renowned Economist: Crypto Has 'Totally Collapsed', DApps Are 'Ponzi Schemes'

Cryptocurrencies have "collapsed" because they cannot function effectively as money, prominent economist Dr. Nouriel Roubini recently stated. Roubini also said "decentralization is a myth" because cryptocurrencies are mined by centralized mining pools in places like Russia and China. DApps, smart contracts, and tokens are useless as well, the professor noted.