Bitcoin Mass Adoption Will Happen Naturally

Bitcoin mass adoption, contrary to popular belief, will not occur by “educating” the public. Instead, this transition will happen naturally as young generations become increasingly familiar and confident in this technology. Not Understanding Bitcoin is Their Job Let’s face it. Bitcoin’s biggest naysayers are typically in their twilight years, unlike most Bitcoin users and investors. Paul…

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Paul Krugman Admits Bitcoin Has More Utility Than 'Dead' Gold

US economist Paul Krugman appeared to soften his stance on Bitcoin last week in a surprise twist, saying he believes the cryptocurrency “has more utility than gold.” 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…

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Two Nobel Prize-Winning Economists Weigh In On Blockchain, Disagree About Usefulness

Paul Krugman says blockchains are useless. Oliver Hart, who is serving as an advisor for a blockchain governance and design firm to help make better EDCCs (aka smart contracts), says they can be great for automating certain business dealings and assisting in legal disputes. On Monday, Nobel Prize-winning economist and New York Times columnist Paul Krugman…

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Paul Krugman Doubles Down on Crypto Skepticism

Esteemed economist Paul Krugman has doubled down on his crypto skepticism in an op-ed published in The New York Times. Ahead of his scheduled appearance at the ChainXchange conference, Krugman argues that cryptocurrencies fly in the face of 300 years of the evolution of money. Also read: Toward Actual Adoption: Bringing Crypto to the ’80 Percent’ Subscribe…

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Paul Krugman Trolls Ripple, Accidentally Making a Case for Bitcoin Cash

“If a digital currency isn’t actually used for any transactions, is it, you know, actually a currency?” tweeted Nobel laureate economist with the ears of American progressive politicians, Paul Krugman. He was prompted by a colleague’s recent article regarding a push by Ripple’s XRP to urge users to do more than just speculate. Mr. Krugman,…

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