IPFS News Link • Bitcoin
Guggenheim To Invest Up To $530 Million In Bitcoin After Roubini Twitter Meltdown
• https://www.zerohedge.com by Tyler Durden... and leading to the now traditional kneejerk response from bitcoin haters such a Nouriel Roubini, who took a bizarre 12-tweet "victory lap" late Thursday as if bitcoin dropping 20% from just shy of its $20K all time high somehow validates his forecast...
Bitcoin has no role in institutional or retail investors portfolios. It is not a currency: not an unit of account, not a scalable means of payment & is a highly volatile store of value. It is heavily manipulated: look at the investigation of Bitfinex by US law enforcement. 1/n
— Nouriel Roubini (@Nouriel) November 26, 2020
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