Crypto news in brief (August 2, 2018): Paul Krugman, Google, Binance, Trust Wallet, Telegram, Bitcoin ETF, BlockFi. August 2, 2018 By Crypto Reporter – Just 2% of U.S. investors say they currently own bitcoin, and less than 1% plan to buy it in the near future – Binance acquires mobile wallet Trust Wallet – Paul Krugman has expressed skepticism about the future of cryptocurrencies ... Bitcoin Is Perfectly Capable Of Protecting Itself, Paul Krugman. Paul Krugman is a Nobel Prize winner in Economics thanks to his expertise and accomplishments in their field. To this end, his insights into international economics are often accurate. Krugman: Bitcoin ‘Has Some Chance To Be Valuable’ Speaking at the ChainXChange conference in Las Vegas, which ran August 13 – 15, Krugman, who had previously made a name for himself as a Bitcoin skeptic, even forecast a future in which Bitcoin has “value” as an entity. “Gold is dead… Bitcoin has more utility than gold,” he said during a panel featuring infamous Bitcoin bulls ... Krugman called Bitcoin proponents ‘golden cyberfetters’ and the community tore his editorial to pieces. At the time, the online community preached about ending the fed and declared war on the central banking system by promoting the use of a counter-economic ‘plan B.’ Many people believe it’s good to re-live history through retrospectives and old stories so we can all learn from our ... An ardent Bitcoin critic . Long before Bitcoin started making headlines in mainstream media, Krugman riled up the crypto community by calling BitCoin "evil" as early as in 2013.. Back in July 2018, Krugman, who's famous as one of the loudest proponents of Keynesian economics, published another anti-crypto article where he states that the price of Bitcoin could eventually go to zero. Wenn Krugman auf dieses spezielle Zitat eingeht, während er auch über Bitcoin diskutiert, sagt er, dass er nicht gerne Vorhersagen über aufkommende Technologien macht. Der einzige Grund, warum er das im Jahr 98 schrieb, ist, weil “die Aufgabe erforderte, dass ich so etwas mache”, betont Krugman in einem Interview. Paul Krugman: An Enemy of The Cryptos. Krugman has already called the cryptocurrencies impractical, useless, antisocial, a bubble, a fraud and even “evil”. He has on occasion cheered approved how the price of the cryptos has decreased. Funnily, while Krugman is as anti-crypto as you can be, his arguments also make a case for Bitcoin Cash.
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