Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
Nobel Prize-winning economist calls Bitcoin a ‘cult’
"There always seems to be a new crop of believers. Maybe just think of it as a cult that can survive indefinitely," Krugman said.
https://www.zmescience.com/science/news-science/nobel-prize-winning-economist-calls-bitcoin-a-cult/
"There always seems to be a new crop of believers. Maybe just think of it as a cult that can survive indefinitely," Krugman said.
https://www.zmescience.com/science/news-science/nobel-prize-winning-economist-calls-bitcoin-a-cult/
... for a muppet sometimes he gets close to the mark, sounds a lot like the fiat-dollar central banking cult tbh
... what could be closer to a "cult" than the "Full Faith and Credit" of institutions that create money out of thin air at inconceivable rates? Always with a new crop of believers getting indoctrinated in the schools ...
... at least by wheeling out this relic for some wheezing FUD shows that the central banking fiat cult is worried and taking bitcoin seriously