# Professor Nouriel Roubini shares his views on bitcoin

1 Faculty News July 9, 2018 ![Financial News logo ](/sites/default/files/styles/246w/public/assets/images/con_030513.jpg?itok=TpE2KEls)>

Excerpt from [Financial News](https://www.fnlondon.com/articles/stiglitz-roubini-and-rogoff-lead-joint-attack-on-bitcoin-20180709?mod=article_inline&mod=article_inline) -- "[Roubini](http://www.stern.nyu.edu/faculty/bio/nouriel-roubini), the famously bearish NYU economist, who earned the nickname ‘Dr Doom’ for predicting the financial crisis, said: 'For bitcoin to be a currency it has to be a unit of account, a means of payment, and a stable store of value. It is none of these. Bitcoin is not even accepted at Bitcoin conferences, and how can something that falls 20% one day and then rises 20% the next be a stable store of value.'"

[Read more](https://www.fnlondon.com/articles/stiglitz-roubini-and-rogoff-lead-joint-attack-on-bitcoin-20180709?mod=article_inline&mod=article_inline)