Nuriel Roubini, an economist and well-known critic of bitcoin, expressed confidence that the cryptocurrency market is full of fraudulent schemes, due to which users "lose billions of dollars daily."
Commenting on the story of Eric Saviks, the leading Protocol Podcast podcast, about the loss of 12 BTC due to a phishing scheme , Roubini emphasized that cryptocurrencies are not safe.
“This is only one of 1000 daily scams in the world of bitcoin and shitcoins. In the world of shitcoins, zero security! In such fraudulent schemes, billions are lost daily. If someone steals my credit card or bank account information, I will be returned 100% of the funds after a minute phone call. In traditional financial systems, one hundred percent protection! ”
According to CipherTrace , in the first five months, the total amount of crypto assets obtained by fraud amounted to $ 1.4 billion.
Consequently, the economist’s statement about daily billions in losses is greatly exaggerated.
Earlier, Nuriel Rubini proposed the creation of tokenized toilet paper. According to him, the advantage of such an asset is that it cannot be a carrier of coronavirus.
