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'Lots of Shady Stuff': BitMEX Posts Part of Debate Between CEO and Nouriel Roubini

Dr. Doom and the BitMEX CEO "Tangle In Taipei" in a set of videos.

Screen Shot 2019-07-11 at 7.30.16 AM

In a dramatic bit of stagecraft, BitMEX has finally released the "tapes" from its so called Tangle In Taipei, a July 3 debate between CEO Arthur Hayes and NYU Professor and so-called Dr. Doom, Nouriel Roubini.

It even comes with dramatic fight music.

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The debate was about security and scalability where Hayes calls for more financial privacy while Roubini sees the whole system - the "experiment called bitcoin" - as corrupt and ridiculous.

"Law enforcement authorities prefer transactions on bitcoin," said Roubini, arguing that bitcoin is not private or decentralized.

The arguments are strong but on par with the normal back and forth found online. Hayes feels that the parties associated with maintaining the infrastructure - the miners - won't attack each other because their investments will fall to zero while Roubini calls cold storage "Paleolithic," noting that you have to worry about rats eating your private key. Neither can agree.

Was the video worth waiting for? Sure, it shows two sides of the crypto debate intelligently espoused by two true believers who are invested in the success or failure of the system.

The real winner? Moderator Andrew Neil who hushed Roubini during a longer harangue.

"Quiet," he shouted. "There's no point in the two of you talking over each other because we can't understand a word you're saying."

"It's actually hard enough when you're not talking over each other," he said.

https://www.youtube.com/watch?v=aGdI9CK6EKI

https://www.youtube.com/watch?v=3etTQE504Jo&feature=youtu.be

Image via YouTube.

John Biggs

John Biggs is an entrepreneur, consultant, writer, and maker. He spent fifteen years as an editor for Gizmodo, CrunchGear, and TechCrunch and has a deep background in hardware startups, 3D printing, and blockchain. His work has appeared in Men’s Health, Wired, and the New York Times. He runs the Technotopia podcast about a better future. He has written five books including the best book on blogging, Bloggers Boot Camp, and a book about the most expensive timepiece ever made, Marie Antoinette’s Watch. He lives in Brooklyn, New York.

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