Well-known cryptocurrency critic Nouriel Roubini believes that the traditional financial system will change inthe next three years.
In his opinion, bank accounts, transfers, services, applications and cryptocurrencies will soon disappear altogether. Central Banks Digital Currency (CBDC) will be the only payment method.
….Keep in mind that many central banks, starting with the Chinese, Swedish and even the Eurozone, are starting to consider creating a digital currency. If you can have digital forex from a central financial institution, any individual can use an account at a central financial institution to deposit funds ... .. The digital currencies of central banks, which will appear in the next three years, will be a big revolution.
In addition, the professor did not miss the opportunity to criticize the cryptocurrency once again.
In his opinion, cryptocurrency – Thiswrong name. Nothing is priced in Bitcoin or any other cryptocurrency. “In my opinion, anything that is not scalable, insecure, not decentralized, is not a currency.”
Roubini notes that Bitcoin, due to its limited supply, can claim to be an alternative store of value, which cannot be said about other altcoins.
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