defifailure
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NOURIEL ROUBINI DECLARES CRYPTO APOCALYPSE IMMINENT
⚠️ Roubini is calling for a "full-blown" crypto collapse. He claims the sector has zero use cases outside of crime.
• The market cratered despite a supposedly pro-crypto administration.
• $BTC fell 6% while gold spiked over 60% amid geopolitical fears.
• Roubini sees $BTC as a risk lever, not a hedge against instability.
• He argues crypto fails as a store of value, unit of account, and payment method.
• The only "killer app" he sees is the stablecoin. DeFi is dead due to anonymity demands.
This narrative is pure FUD but highlights massive structural weakness according to the bears. Prepare for volatility.
#CryptoApocalypse #Roubini #BitcoinCrash #DeFiFailure 📉
⚠️ Roubini is calling for a "full-blown" crypto collapse. He claims the sector has zero use cases outside of crime.
• The market cratered despite a supposedly pro-crypto administration.
• $BTC fell 6% while gold spiked over 60% amid geopolitical fears.
• Roubini sees $BTC as a risk lever, not a hedge against instability.
• He argues crypto fails as a store of value, unit of account, and payment method.
• The only "killer app" he sees is the stablecoin. DeFi is dead due to anonymity demands.
This narrative is pure FUD but highlights massive structural weakness according to the bears. Prepare for volatility.
#CryptoApocalypse #Roubini #BitcoinCrash #DeFiFailure 📉
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