‘He is hiding’: Roubini demands release of tape showing fiery debate with crypto exchange CEO | Financial Post
(business.financialpost.com)
New York University professor and outspoken blockchain critic Nouriel Roubini unleashed another fiery tirade against cryptocurrencies in front of hundreds of crypto enthusiasts Wednesday — and he wants everyone to know it.
The CEO of Roubini Macro Associates called on BitMEX CEO and co-founder Arthur Hayes in a Twitter post to release the video of a debate between the two, dubbed by the organizers as the “Tangle in Taipei,” at the Asia Blockchain Summit on July 2.
The debate was moderated by Andrew Neil. Hayes controls the rights to the footage of the debate and didn’t allow it to be streamed live. The audience was also barred from recording video of the event.Hayes has said he plans to release highlights of the debate at a later time.
Pointing to several recent scandals in the sector, Roubini took aim at key tenets of cryptocurrencies in the debate, deriding its technology, security and lack of convenience. He is no stranger to this role — he has been tapped to make anti-Bitcoin speeches at conferences around the world.
Aside from criticizing cryptocurrency itself, he also accused BitMEX of insider trading, front-running, flouting AML/KYC regulations, charging high fees, taking advantage of unaccredited investors by offering them up to 100x leverage on crypto-derivatives and turning a blind eye to U.S. customers illegally trading, in an email exchange with Market Insider.
Hayes acknowledged the presence of some bad actors and a poor user experience as a payment system but maintained that cryptocurrencies provide a valuable service for those who want to avoid government regulation and surveillance.
Post-debate, Roubini did not hold back from criticism. On Twitter, he has referred to cryptocurrency as ‘shitcoin.’
“People love to speculate,” Hayes said. “We’re just trying to give them an opportunity to do it in a safe manner.”On Thursday, Twitter user @RNR_0 uploaded a low-quality audio recording of the debate. At around 7 minutes in, Roubini calls Hayes “a drug pusher.”
This week, the UK-based Financial Conduct Authority proposed a ban on the sale of crypto-derivatives to retail customers.
Bitcoin’s extreme volatility has been a headache for investors in the past week as it nearly reached US$14,000 then fell below US$10,000 a few days later.
The largest digital asset appears to have found support and was trading around $11,300.Bloomberg.com, with files from Nicholas Sokic
The CEO of Roubini Macro Associates called on BitMEX CEO and co-founder Arthur Hayes in a Twitter post to release the video of a debate between the two, dubbed by the organizers as the “Tangle in Taipei,” at the Asia Blockchain Summit on July 2.
The debate was moderated by Andrew Neil. Hayes controls the rights to the footage of the debate and didn’t allow it to be streamed live. The audience was also barred from recording video of the event.Hayes has said he plans to release highlights of the debate at a later time.
- Bitcoin slides back to $10,000 as it extends sell-off that’s erasing last week’s monster gains
- Bitcoin mining is putting unprecedented pressure on Iran’s power grids
- A $1,800 drop in minutes: Bitcoin volatility is on full display
Pointing to several recent scandals in the sector, Roubini took aim at key tenets of cryptocurrencies in the debate, deriding its technology, security and lack of convenience. He is no stranger to this role — he has been tapped to make anti-Bitcoin speeches at conferences around the world.
Aside from criticizing cryptocurrency itself, he also accused BitMEX of insider trading, front-running, flouting AML/KYC regulations, charging high fees, taking advantage of unaccredited investors by offering them up to 100x leverage on crypto-derivatives and turning a blind eye to U.S. customers illegally trading, in an email exchange with Market Insider.
Hayes acknowledged the presence of some bad actors and a poor user experience as a payment system but maintained that cryptocurrencies provide a valuable service for those who want to avoid government regulation and surveillance.
Post-debate, Roubini did not hold back from criticism. On Twitter, he has referred to cryptocurrency as ‘shitcoin.’
33 people are talking about thisRoubini and Hayes got into a little back-and-forth with each other.
Nouriel Roubini✔@Nouriel
Another @CryptoHayes scam: he didnt allow the blockchain conference to record our debate or beam it live. He controls the only recording of it and will only release heavily edited "highlights". I destroyed @CryptoHayes in the debate and he is hiding.
RELEASE THE TAPE YOU COWARD!
https://twitter.com/mdudas/status/1146220209411248129 …618:25 PM - Jul 2, 2019Twitter Ads info and privacy
40 people are talking about this
Nouriel Roubini✔@Nouriel
You @CryptoHayes aka Cosa Nostra Coward Mafia Thug: I am a tenured Prof at NYU (so much for your idiotic threat) not a wimp you can threaten like a criminal gangster does to shut him up with hush money (as you did with this conference) or with pathetic threats (like you do here)
https://twitter.com/CryptoHayes/status/1146267076425900036 …Arthur Hayes@CryptoHayesDon’t worry our tapes will exposure your thin grasp of economics and technology. After seeing these tapes, I would be surprised if you were allowed into any higher learning institution. https://twitter.com/nouriel/status/1146264716433661954 …542:52 AM - Jul 3, 2019Twitter Ads info and privacy
“People love to speculate,” Hayes said. “We’re just trying to give them an opportunity to do it in a safe manner.”On Thursday, Twitter user @RNR_0 uploaded a low-quality audio recording of the debate. At around 7 minutes in, Roubini calls Hayes “a drug pusher.”
54 people are talking about this
[ Romano ]@RNR_0I just uploaded the recoding so you can download/listen to it.
https://filebin.net/e8m73im5byb12wjx/abs2019-arthur-nuriel.m4a?t=fxad6wyv … https://twitter.com/CryptoHayes/status/1146362110978322432 …Arthur Hayes@CryptoHayesFrom Analogue-> Digital , takes a bit of time just like #Bitcoin @Nouriel, be patient my friend.1264:25 AM - Jul 3, 2019Twitter Ads info and privacy
This week, the UK-based Financial Conduct Authority proposed a ban on the sale of crypto-derivatives to retail customers.
Bitcoin’s extreme volatility has been a headache for investors in the past week as it nearly reached US$14,000 then fell below US$10,000 a few days later.
The largest digital asset appears to have found support and was trading around $11,300.Bloomberg.com, with files from Nicholas Sokic
-
- 1
Francisco Gimeno - BC Analyst Rough accusations from Roubini again. Mixing his dislike of all things crypto with other more grave accusations against BitMEX is not helping very much. If he has proof of any issue with BitMEX then should use the proper channels. Meanwhile and with his background, this is just an empty word's storm.