If Nouriel Roubini really believed Bitcoin was a scam, that it’s a Ponzi scheme and ultimately that it’s worthless. He’d call his broker and short Bitcoin. But he won’t. Talk is cheap. Money talks, bullshit walks.
OP suggests a short position in bitcoin, which could lead to potentially unbounded losses
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But the point is that if Dr Doom was positive that Bitcoin is going to fail he could do a 1 x short and leave it open forever. He’d eventually be rich.
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If Roubini could pursue this strategy with bitcoin (leave a short position open forever with no margin requirements), ofc he should since over a long enough time horizon bitcoin's value is going to zero with probability 1
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He should at least bet $100,000, given how much money he has and how much shit he talks. It's very cheap to borrow Bitcoin these days when shorting it on Bitfinex. Probably even cheaper on BitMEX.
End of conversation
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