Paul Krugman makes no secret of that he is a skeptic of cryptocurrency. This past week he came out and asked "what problem does Bitcoin solve?
This is something that the average Bitcoin fan can answer.
In response to Krugman, here are 7 problems that cryptocurrency solves.
Click on image to read entire article.
Krugman's Keynesian economic theories have failed in the real world. His views on cryptocurrencies will be proven wrong in the near future.
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Maybe Krugman's Keynesian economic theories failed but the rise in cryptocurrency will never fail.
https://steemit.com/cryptocurrency/@vishamber/rise-of-cryptocurrency
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His skeptics about crypticurrencies, is it as a result of him not been able to take risks? After all taking risks isn't a determining factor of one's success in entrepreneurship... Or is he just an hater of cryptocurrency ?
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Great post!
Thanks for tasting the eden!
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Krugman is not entirely wrong. the other day he said that if Bitcoin succeeds we would go back to a monetary system of 300 years ago.......EXACTLY!
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