This guy may have made sense, though I suspect he's a Democrat. Apart from early holders making a killing off Bitcoin, how has it benefitted the world economy? Your opinion though...
Nobel Prize-winning economist Paul Krugman said that Tech-bro's support for Trump and Vance seems to be related to cryptocurrency/ He said that in reality. Bitcoin is still economically useless and useful just for money laundering and extortion. He described Trump's call for the creation of some kind of national Bitcoin reserve as equivalent to the government rescuing a
scandal-ridden, value- and environment-destroying industry.
https://www.nytimes.com/2024/07/29/opinion/vance-trump-cryptocurrency.html And unfortunately until now we do not use the benchmarks of economists on the economy, both individual and global. Because basically his benchmark is different from the benchmark that wants to escape from the centralized system. As someone who has the image and title of economist, of course Paul Krugman must express what he has learned but never compares the economic situation in depth. What is meant is that if measured globally, of course Bitcoin has not had a significant impact because in terms of market capitalization it is still below Google and gold. Will Bitcoin surpass it in the future? not 100% sure but that does not mean that Paul Krugman's benchmark is now valid in the future.