CBDCs (Central Bank Digital Currencies) Will “Shut Out” Bitcoin, Nouriel Roubini Says2.33

Notorious New York University (NYU) Stern School of Business economist and professor Nouriel Roubini mentioned that Central Bank Digital Currencies (CBDCs) represent the new technological advance capable of destroying cryptocurrencies and strengthening the current economic system.

In an article of his authorship, published by “The Guardian“, Roubini explains that “Central banks should issue their own digital currencies to replace a crisis-prone banking system and shut out cryptocurrencies.” For Roubini, CBDCs are of special importance because they allow the use of blockchain technology to strengthen the current financial system:

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