Paul Krugman: An Enemy of The Cryptos. Krugman has already called the cryptocurrencies impractical, useless, antisocial, a bubble, a fraud and even “evil”. He has on occasion cheered approved how the price of the cryptos has decreased. Funnily, while Krugman is as anti-crypto as you can be, his arguments also make a case for Bitcoin Cash. An ardent Bitcoin critic . Long before Bitcoin started making headlines in mainstream media, Krugman riled up the crypto community by calling BitCoin "evil" as early as in 2013.. Back in July 2018, Krugman, who's famous as one of the loudest proponents of Keynesian economics, published another anti-crypto article where he states that the price of Bitcoin could eventually go to zero. Krugman couldn’t say Bitcoin has “no value,” for he would clearly be wrong by a margin of $110B (the current market cap of Bitcoin). He is careful to qualify his assertion with the equivocal term “intrinsic,” which to the average reader comes across as erudite, thus lending the article credibility. But the economist-turned-spindoctor is comparing Bitcoin to the US dollar, which in ... Crypto news in brief (August 2, 2018): Paul Krugman, Google, Binance, Trust Wallet, Telegram, Bitcoin ETF, BlockFi. August 2, 2018 By Crypto Reporter – Just 2% of U.S. investors say they currently own bitcoin, and less than 1% plan to buy it in the near future – Binance acquires mobile wallet Trust Wallet – Paul Krugman has expressed skepticism about the future of cryptocurrencies ... Der US-Volkswirt Paul Krugman hat die beliebteste Kryptowährung Bitcoin mit einem Finanzsysten von vor 300 Jahren verglichen. Bitcoin ist keine Entwicklung bzw. kein Fortschritt In einer Stellungnahme für die New York Times vom 31. Juli zielte Krugman auf die hohen Kosten des Bitcoin-Minings und den “spekulativen” Charakter seiner Nutzer ab und behauptete, Bitcoin habe die […] Wenn Krugman auf dieses spezielle Zitat eingeht, während er auch über Bitcoin diskutiert, sagt er, dass er nicht gerne Vorhersagen über aufkommende Technologien macht. Der einzige Grund, warum er das im Jahr 98 schrieb, ist, weil “die Aufgabe erforderte, dass ich so etwas mache”, betont Krugman in einem Interview. Krugman: Bitcoin ‘Has Some Chance To Be Valuable’ Speaking at the ChainXChange conference in Las Vegas, which ran August 13 – 15, Krugman, who had previously made a name for himself as a Bitcoin skeptic, even forecast a future in which Bitcoin has “value” as an entity. “Gold is dead… Bitcoin has more utility than gold,” he said during a panel featuring infamous Bitcoin bulls ...
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