Thread by @Excellion

Organizers said no photos of the Hayes vs Roubini debate so I’ll use this stock photo of Nouriel. #ABS2019 @aba_summit

@CryptoHayes: I don’t even want to call you professsor.

Roubini: He’s just making money off of retail suckers.

It’s hard to understand Roubini’s accent. Almost as bad as @WhalePanda’s.

Andrew Neil (referee) just shouted at Roubini to be quiet. 😅

Hayes: #Bitcoin represents a different way to govern financial transactions. It’s a choice.

Roubini harping on 5 tps for #Bitcoin. Still doesn’t know about the #LightningNetwork.

Roubini: something something something stinking shitcoins.

Hayes: Privacy is expensive and if you value it, you have to pay for it.

Roubini: Mining is an oligopoly. All trading is on centralized exchanges. Massive concentration of wealth. It’s not decentralized. It’s bullshit.

Hayes: Don’t store your #Bitcoin on an exchange you don’t need to fucking trade with. (Or use the #LiquidNetwork to move them on and off quickly) 😉

Roubini talking about cold storage. Put your private keys in a vault. If you lose it you’re out of luck.

Well, yeah.

Roubini just said the Quadriga CEO pretended to die. 😅

Hayes: Is #Bitcoin being used to buy a cup of coffee? No.

Roubini: Stop the banking the unbanked bullshit. Pretending to provide services to the poor and stealing their money.

Hayes: If you choose to buy a #shitcoin that goes to zero, that’s your problem.

Roubini: Bitcoin dropped 30% in one week. No wonder this conference doesn’t accept Bitcoin. 😂

Now we interrupt this thread for a brief message from our sponsor. Remember that you can make rapid deposits and withdrawals on @BitMEXdotcom using the #LiquidNetwork! 🌊

https://twitter.com/blockstream/status/1136044052045008896?s=21

Hayes: #Bitcoin is the only real free market that’s left in the world.

Hayes: If you want to be an asshat or a charlatan you can get away with it for a while. @rogerkver

Roubini: Libra is not a cryptocurrency. It’s not a #blockchain. It’s going to be permissioned, not permissionless.

Roubini: Banks have invested billions on #blockchain proof of concepts and haven’t found a single use case. 😄

Roubini: #Blockchain is the most overhyped technology in human history. It’s a total failure like the rest of crypto. 🤣

Roubini bashing Tether now. Thinks it’s going to go bust. Didn’t see recent repayment I guess. @paoloardoino

Hayes: #Crypto is going to be a trillion dollar asset class. With more money, more services, more devs, this industry is going to blow the fuck up.

Roubini on whether there be crypto in 5 years: there will be museums.

@CryptoHayes won the debate. He was logical, articulate, and on point. Nouriel was just spouting his usual baseless talking points, appeared angry, and just said #shitcoins over and over.

And that’s a wrap!