Is Bitcoin evil? If so, why? In an old column New York Times columnist Paul Krugman attempts to make a case against Bitcoin. I attempt to take apart his logic and explain why Bitcoin may in fact be a very good thing. Along the way you might get a better understanding of just what currencies are.
Selected Sources
Krugman column - https://krugman.blogs.nytimes.com/2013/12/28/bitcoin-is-evil/?mtrref=mail.google.com&assetType=opinion
Anti – Bitcoin Law - https://cointelegraph.com/news/russian-ministry-of-finance-anti-bitcoin-law-will-finally-be-passed-this-year
Charlie Stross - http://www.antipope.org/charlie/blog-static/2013/12/why-i-want-bitcoin-to-die-in-a.html
It Always Begins With The Money
Very good explanation. This is what needs to be taught in schools..except education is controlled by the government.
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Exactly. And that's the reason why, isn't it?
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