paul krugman bitcoin new york times

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These include white papers, government data, original reporting, and interviews with industry experts. Key Takeaways Nobel laureate economist Paul Krugman has never been a fan of Bitcoin or cryptocurrency. He claimed that economies of scale meant similar countries producing similar products dominate world trade. Read preview. And if your answer is 'give it time,' you should bear in mind that bitcoin has been around since , which makes it ancient by tech standards; Apple introduced the iPad in

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Krugman is a U. What Is He Known for? Redeem now. Key Takeaways Nobel laureate economist Paul Krugman has never been a fan of Bitcoin or cryptocurrency. Where Were the Regulators?

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Facebook Email icon An envelope. Who Is Paul Krugman? This compensation may impact how and where listings appear. Investopedia does not include all offers available in the marketplace.

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Paul Krugman's Position. Basecoin: What it is, Concerns, Regulation Basecoin, also known as Basis, was a cryptocurrency whose protocol was designed to keep its price stable. Cryptocurrency Bitcoin. The Nobel Prize-winning economist's sentiments haven't changed much since the op-ed he filed from vacation in Europe, a result of his pondering of bitcoin and blockchain while "hiking and biking in various parts of Europe. Their value depends entirely on self-fulfilling expectations � which means that total collapse is a real possibility.