The second day of the BlockShow Americas 2018 kicked off with a robust debate on the usefulness of cryptocurrencies between Nouriel Roubini, CEO of Roubini Macro Associates and predictor of the global financial crisis in 2008, also known as ‘Dr.Doom,’ and Alex Mashinsky, founder of Celsius Network. Roubini argued that “in the space of crypto there is zero security,” claiming there is “no democratization and decentralization.”
Mashinsky responded “the current system does not work for seven billion people in the world,” while “only people who work on Wall Street can pay their bills.” He added, “saying that fintech has nothing to do with crypto is not true.”