Paul Krugman, who won the 2008 Nobel Prize in Economics, already ridiculed bitcoin several times. In his first mention of the crypto currency, Krugman called bitkoyn an evil for the economy.
"I have to say that I still doubt if bitkoyn can work at all."
Three years later, bitkoyn continues to work and process approximately 225,000 operations per day.
In 2014, Krugman continued to call bitcoin as a matter of fact a scam. In 2015, Krugman seemed to lack the basic understanding of bitcoin when he was asked about it on The Genius of Economics.
"At the moment, bitkoyn does not look good," he said.
Then one bitkoyn was traded at the level of $ 279.63. Since then, the price has more than doubled, and now it is above $ 600. In fact, bitokoyn reached its current state less than two months before Krugman's statement. Of course, Krugman's analysis was not so blatant or specific as a specialist at the University of Boston, Mark T. Williams, who shamefully predicted the collapse of the bitcoin price to $ 10 by mid-2014.
I must say, it is difficult to find any true predictions made by Krugman about bitkoyne up to this point.