
Bitcoin basher Nouriel “Dr. Doom” Roubini brands $13b DeFi industry “vaporware”
The decentralized finance space has seen a parabolic explosion since the start of 2020. Due to a confluence of trends, including but not limited to a search for yield on cash and a recovery in the price of Bitcoin, DeFi coins have gone from a market capitalization of a billion or two to $13 billion as per CryptoSlate data. Value is also accruing...