PayPal brings ‘crypto gambling’ to US retailers: economist Nouriel Roubini

October 27, 2020 | By | Reply | 13 Readers More


Economist Nouriel Roubini has criticized online payments giant PayPal Holdings Inc for allowing its customers to buy, sell and hold BTC and other altcoins, from next year onwards. In a tweet published on Monday Roubini shared an article titled how PayPal has brought “crypto gambling,” to customers in the U.S. – which is “bad” for PayPal users:

The author of the aforementioned article is David Gerard- a staunch critic of the crypto space- is known for his book called “Attack of the 50 Foot Blockchain: Bitcoin, Blockchain, Ethereum & Smart Contracts,” that takes on the crypto and blockchain networks. On a similar beat, Gerard has now said in his new article that PayPal was going to get investors “ripped off:” 

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