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RE: Nobel Economist Paul Krugman Hates Crypto, Saying 'Bitcoin is Evil', 'Set the Monetary System Back 300 Years' and is Headed for 'Collapse'
For Krugman, the two main problems he sees are:
- transaction costs
Sounds like he might be endorsing Steem :)
Nobel prize...set up by a merchant of death after he had the rare opportunity to read his own obituary and what others thought of him while still alive. Handed out now as trophies for the narrative the powers that be want now.
Yeah, some things might merit it, but when Obama wins a peace prize during his first year in office, it shows how much of a sham it can be :/