Bitcoin Is Not Antisocial: A Rebuttal to Paul Krugman
In the New York Times, columnist Paul Krugman has written a lengthy article criticizing Bitcoin from an economic point of view, entitled "The Antisocial Network". This is the third article on Bitcoin that Krugman has written so far, following "Golden Cyberfetters" from September 2011 and "Adam Smith Hates Bitcoin" from April 12. Although he is far from....
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Nobel Prize-winning economist Paul Krugman says he has given up predicting the imminent demise of bitcoin. The economist now suggests thinking of the cryptocurrency “as a cult that can survive indefinitely.” Nonetheless, Krugman still believes that bitcoin has no fundamentals. Paul Krugman Likens Bitcoin to a Cult That Can Survive Indefinitely Nobel laureate Paul Krugman said on Twitter last week that he has given up on predicting bitcoin’s demise. Krugman won The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2008 “for his analysis of....
Nobel Prize winner Paul Krugman doesn’t know when to stop. After more than a decade of being wrong about Bitcoin, he keeps adding bad takes to his resume. In his latest piece, “How Crypto Became the New Subprime” he willfully shows his ignorance about the matter at hand, confuses very basic concepts, and colors it […]
American Economist Paul Krugman has written another anti-Bitcoin piece that, believe it or not, is much less accurate than Krugman's original Bitcoin article released in late 2013 on the New York Times, titled Bitcoin is Evil. In the "evil" article, Krugman didn't support his titular claim within the text of the opinion article. In fact, it's almost as if he wrote his article in response to Charlie Stross's wish for a quick and fiery Bitcoin death, and added the title as a joke. Krugman specifically referred to his analysis of "Bitcoin" as a positive one, which he was trying to maintain....
Nobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately on people who don’t know what they are getting into and are poorly positioned to handle the downside,” he stressed. Nobel Laureate Paul Krugman Warns About Crypto Crashing Like Subprime Mortgage Nobel laureate Paul Krugman warned about cryptocurrency investing in an opinion piece he authored in the New York Times, published Thursday. Krugman won the Sveriges....
Nobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.”
Paul Krugman on Crypto, Housing Bubble, and Subprime Mortgage Crash
Nobel laureate Paul Krugman discussed the current state of cryptocurrency in an opinion piece published in the New York Times Monday.
Krugman won the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel in 2008....