Faculty News
Professors Nouriel Roubini and David Yermack are quoted in a story about the advent of bitcoin
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Excerpt from MarketWatch -- "'Bitcoin happened to be launched in 2009, but it was the culmination of decades of attempts to create a digital currency on a peer-to-peer basis,' said David Yermack, a professor of finance and business transformation at New York University. ... 'They stumbled upon something — an experiment, you could say,' said Roubini, a professor of economics often identified as 'Dr. Doom.' 'They pretend to be libertarian, but they are a new generation of self-serving gold bugs. They only care about their money, not the protocol or the technology.'"
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