| Krugman, in a real way, is why Bitcoin exists. He literally advocated a housing bubble. (Broken Window fallacy) The housing bubble collapsed causing bailouts of banks. Bitcoin is a direct response to this nationalization of private losses. Not to mention the century of financial corruption that preceded it. Satoshi was not coy. The genesis block contains the text: “Chancellor on brink of second bailout for banks”. Of course Krugman is a “skeptic”. Bitcoin repudiates his entire career, ideology and work, and is having a significant positive impact in the world. Unlike Krugman. Every year bitcoin continues it gets stronger, it rewards supporters and forces the corrupt banking system Krugman endorses into the light a bit more. Krugman and other nocoiners hate bitcoin? Bitcoin don’t care. This is what you have to understand about bitcoin: Bitcoin doesn’t have to care. It’s the first real tool of individual financial sovereignty. |