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by wdr1 4562 days ago
> It is deplorable that he used the word "evil" to describe Bitcoin.

Krugman is clearly an intelligent man, but in his public writing he has a habit of declaring things he doesn't like as "evil."

Given we know he's not stupid, I assume it's to increase the attention he receives. Based on the re-shares from my left-of-center friends, it tends to work.

1 comments

A few minutes after I posted that, I regretted that my comment focused on that. Krugman wrote another article implying that Bitcoins were "barbarous" and likened them to digging up mostly useless gold. I feel like he must think Bitcoin is serious because he is writing about it regularly- I wish I had focused more on his economic theory in my comment... maybe next time.
Like many technology and finance pundits, he seems to be currently in a love/hate relationship with Bitcoin.

See also Business Insider's recent turnaround and subsequent breathless tabloid-style coverage of cryptocurrency news.