Post
Topic
Board Bitcoin Discussion
Re: Why I don't listen to Paul Krugman, or anyone that says the Internet is a Bubble
by
Hawker
on 29/12/2013, 08:43:32 UTC
Today, December 28 Paul Krugman posts an article stating how he doesn't believe in Bitcoin and is probably nothing but a Bubble:

...snip...



Actually if you read his article that isn't what he says.  

Quote
So let’s talk both about whether BitCoin is a bubble and whether it’s a good thing — in part to make sure that we don’t confuse these questions with each other.

Krugman is a mainstream economist.  All mainstream economists hate the idea of deflation so all mainstream economists will say that Bitcoin is evil.  Whether or not you agree with them, Bitcoin isn't going away and economists are not going away either.  

So relax and prepare to be reading stories like this for the rest of your life.  Is it worth getting excited over every single one of them?