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It's worth noting Krugman is being sold speculative financial products products without truly understanding the risks involved. The Nobel laureate isn't convinced a known bitcoin bearabout the volatile cryptocurrency market, comparing it to the subprime.
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| 0.11378816 btc usd | Disclosure Please note that our privacy policy , terms of use , cookies , and do not sell my personal information has been updated. Brad DeLong puts it clearly: Underpinning the value of gold is that if all else fails you can use it to make pretty things. It's worth noting Krugman is a known bitcoin bear , having previously likened the cryptocurrency to a Ponzi scheme. Go read the whole thing. Placing a ceiling on the value of bitcoins is computer technology and the form of the hash function� until the limit of 21 million bitcoins is reached. |
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Finance and Crypto News - Paul Krugman gets owned on the value case for BitcoinKrugman has cautioned that bitcoin could become worthless overnight, and has slammed crypto as predatory and mostly a tool for criminals. Follow The New York Times Opinion section on Facebook, Twitter (@NYTopinion) and Instagram. Paul Krugman has been an Opinion columnist since. Paul Krugman is a well-respected and award-winning economist with a strong stance against Bitcoin and cryptocurrency adoption and use. He makes many excellent.
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