This guy:
Nouriel Roubini says this 2 hours ago:
"So the cost per transaction of bitcoin is literally $60. So if I were to buy a $3 latte at Starbucks I would have to pay $63 to get it! So the myth of a "Brilliant new technology that reduces the vast fees of legacy financial systems"! turns out to be a Big Fat Lie!"
(Source: ~~~ embed:1051460386489331713) twitter metadata:Tm91cmllbHx8aHR0cHM6Ly90d2l0dGVyLmNvbS9Ob3VyaWVsL3N0YXR1cy8xMDUxNDYwMzg2NDg5MzMxNzEzKXw= ~~~
He should at least do some homework or actually try using bitcoin before he makes claims like this.
The average cost per transaction is actually closer to $.05 right now.
I guess he would know that if he actually tried using it.
But then it would dent his entire bearish bash fest.
By the way, this guy has been heralded as an economic genius who currently teaches at the college level.
Trolls gonna troll.
lol, trolls gonna troll... good one!
It is true. They have an agenda and refuse to listen to facts.
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