Foolishness is upon us again. Paul Krugman has stated that the cryptocurrency era is ending.
In this video I discuss Krugman's track record with both technology along with other forecasts. He is well known for writing something extremenly stupid.
Here are the links to the articles mentioned in the video:
https://u.today/nobel-prize-winning-economist-paul-krugman-says-crypto-era-may-be-ending
https://web.archive.org/web/19980610100009/www.redherring.com/mag/issue55/economics.html
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As expected, Krugman is very accurate in his analysis that something that hasn't gone mainstream, and yet its era is already ending. Very all-knowing indeed! Imagine, confidently announcing in public that blockchain is "basically useless" and that "Bitcoin had virtually no legitimate users," wow! Where is this man living? Did his winning the Nobel Prize make him that blind? Better put such an award in the trash can if this is the best he can say about the space. Clown indeed! 🤣
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Lol a clown indeed, am not so knowledgeable with tech but I know cryptocurrency will live on.
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It's not a surprise to see all fo them show up and keep talking even though they are wrong. Even a broken clock is right twice a day so most of the time he is wrong.
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Krugman is an establishment tool.
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