Description: Outspoken economist Nouriel Roubini described crypto and some of its major players as an “ecosystem that is totally corrupt.” On a panel hosted by CNBC’s Dan Murphy at the Abu Dhabi Finance Week on Wednesday, the New York University professor said there were “seven Cs of crypto”: “Concealed, corrupt, crooks, criminals, con men, carnival barkers,” and finally, Binance Chief Executive Changpeng Zhao, known as CZ, who spoke on a prior panel at the same conference.
Source: CNBC.com – video report
Date: Nov 16, 2022
Questions for discussion:
- What does Nouriel Roubini say in this report about crypto?
- Do you agree with his analysis and comments?
- What would you advise investors?
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