from today: Adam Smith Hates Bitcoin
by the way, Krugman shows his ignorance by calling out the process of "mining" without even understanding it.
And now here we are in a world of high information technology — and people think it’s smart, nay cutting-edge, to create a sort of virtual currency whose creation requires wasting real resources
Ummm, hello Krugman, go do some research...."mining" is the process that secures the network. It serves a vital purpose. But hey, he's no different that you morons on this site: making all kinds of claims, arguments and prognostications without actually understanding what you are talking about
This post was edited on 4/12 at 7:20 pm