Paul Robin Krugman is an American economist, he critically comments on Bitcoins and as an academic has always been intrigued by it. He has made various comments over the past and I feel that his comments are justified and often mis-interpreted.
Earlier this year, he accepted the fact that the price of bitcoin could be 0 $. He has also stated that Bitcoin would turn the monetary system clock 300-years in the past. Although $GOLD has always been a medium of exchange. It is only recently that GOLD rose to such heights. The chart for gold has been attached for reference. In 1950 the price of 10 gm gold of 28$. In 1980 it was only $180, the US to INR exchange rate was also lower during those times. Bitcoin will complete in 2019.
Recently, Paul Krugman commented that gold is dead...Bitcoin has more utility that gold.
Congratulations @nivesh! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Vote for @Steemitboard as a witness to get one more award and increased upvotes!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit