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Bybuy brand viagra australia: Bitcoin and cryptocurrencies are the mother and father of all bubbles, and blockchain is nothing more than a “fancy database.” That’s what bitcoin-bashing New York University professor Nouriel Roubini said at the 2019 Blockchain Economic Forum in where can i buy brand viagra, Switzerland.

Speaking on a one-person panel (perhaps so no one can challenge buy viagra cialis levitra online?), Roubini gloated over the current buy real viagra levitra cialis online edrugstore.md. He insists that he was proven right in his rabid, longstanding opposition to bitcoin.

Blockchain is Overhyped, ‘Fancy Database’

Moreover, Roubini says crypto and blockchain have no place in the upcoming fintech revolution because they’re merely flashes in the pan.

“I do believe there is going to be a revolution in financial services. That revolution is called fintech,” Roubini said. “But my reading of fintech is that it has nothing to do with blockchain, and nothing to do with crypto.”

While Roubini’s anti-bitcoin stance is nothing new, his wholesale dismissal of blockchain sets him apart from other mainstream crypto critics.

Even prominent bitcoin bashers like billionaire Microsoft founder buy viagra capsules have praised blockchain as a game-changing innovation that could revolutionize banking, supply-chain management, and health care.

But Roubini remains unconvinced of its merits. “What we’re seeing with blockchain has already been done in the private sector, with the IBMs of the world,” he claimed.

Besides, blockchain is an over-hyped “fancy database” that’s “no better than an Excel spreadsheet,” he huffed.

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Nouriel Roubini: Crypto Has No Future

Roubini also says that a cryptocurrency-based payment system would never succeed because it’s inefficient and slow. “Any crypto payment system is a problem,” he said.

Besides, most cryptocurrencies are not currencies anyway, he insisted.

They’re not a unit of account. They’re not a means of payment, and they’re not a stable store of value. You cannot have something that is scalable and decentralized and secure.

In the case of bitcoin, you can only do something like 5 transactions per second. Visa allows you to do 25,000 transactions per second.

Central Bank Currency Will Dominate Crypto

Roubini also mocked crypto news websites for getting all excited whenever they hear rumors about a central bank launching a digital currency.

“Those things are never going to have anything to do with cryptocurrencies or blockchain,” he insists.

Besides, if and when a central bank decides to launch its own digital currency, it would dominate all cryptocurrencies and render them obsolete, Roubini says. “It’s also going to dominate the current models of digital payment systems,” he claims.

Effectively, what does [a central bank digital currency] mean? Is it a cryptocurrency? No. Is it based on blockchain? No. It’s like the current system: It’s a centralized ledger. It’s totally monitored by the central bank.

So basically, Roubini says the crypto industry shouldn’t hope for a central bank-backed digital currency because it would be the death knell of all cryptocurrencies and spell the end of current digital payment systems such as buy viagra super force.

“Because why would you use those ones and pay even a small fee, when you could do it for free with a central bank?” he asked.

Circle CEO: Humanity Can’t Survive Digital Age Without Crypto

Naturally, crypto entrepreneurs with skin in the name disregard Nouriel Roubini’s dismissal of the entire industry.

As CCN reported, Jeremy Allaire ― the CEO of crypto unicorn Circle ― says humanity cannot survive the digital age without crypto.

“Cryptography is at the foundation of protecting modern society, human privacy,” buy viagra professional (video above). “It’s a fundamental tool of our cyber defenses. It’s a fundamental tool of every corporation.”

Allaire noted that modern society relies on digital infrastructure. Accordingly, humanity ultimately won’t be able to survive the digital age without digital currencies.

Crypto is fundamental to the future. We need tamper-proof, resilient, decentralized infrastructure if we want society to survive the digital age. We see this as much more transformative even than the web.

Humanity Can’t Survive Digital Age Without Crypto: Circle CEO Jeremy Allaire buy viagra super active

— CCN.com (@CryptoCoinsNews) buy viagra super active cheap

Disclaimer: The views expressed in the article are solely those of the author and do not represent those of, nor should they be attributed to, CCN.

According to the Deloitte 2018 global blockchain survey, almost 39% of the respondents were of the view that blockchain technology was ‘overhyped’.

In the study in which over 1,000 blockchain-savvy executives at firms boasting annual revenues of $0.5 billion or more in the United States, the United Kingdom, Canada, Mexico, Germany, France and China were polled, this perception was stronger in the world’s largest economy.

“Despite enterprise digital respondents’ interest in blockchain’s capabilities, nearly 39 percent of the broad global sample said they believe blockchain is “overhyped.” In the United States, this number is higher: 44 percent of respondents view blockchain as overhyped, up from 34 percent in a 2016 survey by Deloitte,” notes the buy viagra usa online.

In the opinion of the big-four accounting firm, part of the reason for this perception was the steep rise in the values of tokens in the last one and a half years with the respondents conflating decentralized ledger technology with tokens which are just the incentive layer of public blockchains. Additionally, this could be a reflection of a shift towards pragmatism in the blockchain arena.

No Cause for Worry

However, Deloitte assured that this was not an indication that blockchain technology was headed in the wrong direction.

“Because we are still early in blockchain’s development, these fits and starts in its maturation are not surprising,” the survey noted.

This was supported by the fact that investments in blockchain technology continue to increase with the percentage of firms investing $10 million or more in blockchain technology being in the double digits according to the same survey. In the United States, 13% of the respondents revealed that their companies were allocating $10 million or more in blockchain technology this year while in the United Kingdom it was 15%.

Mexico and France recorded the highest percentage of firms making significant investments at 21% and 20% respectively. China and Canada tied at 18% while at 12% Germany recorded the lowest number of firms intending to invest $10 million or more in the disruptive technology.

Blockchain’s Unique Selling Proposition

When asked what significant advantage blockchain possessed over current systems, 32% of the respondents said it was speed while 28% said it possessed the potential to spur new business models as well as new revenue sources. About 16% said it helped in cutting costs while 21% said it enhanced security and reduced risk.

Compared to conventional technologies and systems, 84% of the respondents said blockchain was more secure. Only 8% said it was less secure while 8% were unsure.

Of all the existing blockchain models, the most popular one among business organizations was permissioned blockchain with 52% of the respondents saying this is what their firm was focusing on. Public blockchains and private blockchains had an equal share with 44% of respondents in each case disclosing this is what they were concentrating on. Around 36% of the respondents indicated they had their sights on the consortium blockchain model.

Rubber Meets the Road

In the survey, Deloitte noted that momentum has also shifted from a focus on learning and exploration to the identification and development of practical business applications.

“While blockchain is not quite ready for primetime, it is getting closer to its breakout moment every day,” said the report authored by Deloitte’s David Schatsky, Linda Pawczuk and Rob Massey.

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