I despise Paul Krugman because he is just another patron of Adam Smith and a slave of Fiat merch.
He was given the Nobel Laureate for he was considered the best of his time to uphold a fiat scam. Here are a few of the proofs that he doesn't even understand the ABC of sound money.
"To be successful, money must be both a media of exchange and a reasonably stable store of value. And it remains completely unclear why bitcoin should be a stable store of value."
Lol! First he says money should be then rejects it! Crap!
"There might be a potential equilibrium in which bitcoin remain in use mainly for black market transactions and tax evasion, but that equilibrium, if it exists, would be hard to get to from here: once the dream of a blockchained future dies, the disappointment will probably collapse the whole thing."
Again, Lol! And he again fails to understand! Black market and tax evasion even existed before Bitcoin. A good dream never dies.
I despise Paul Krugman because he is just another patron of Adam Smith and a slave of Fiat merch.
He was given the Nobel Laureate for he was considered the best of his time to uphold a fiat scam. Here are a few of the proofs that he doesn't even understand the ABC of sound money.
Lol! First he says money should be then rejects it! Crap!
Again, Lol! And he again fails to understand! Black market and tax evasion even existed before Bitcoin. A good dream never dies.