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    Author Topic: Bitcoin is Still Economically Useless = Economist  (Read 1508 times)
    Lucius
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    July 31, 2024, 09:47:23 AM
     #21

    This guy may have made sense, though I suspect he's a Democrat. Apart from early holders making a killing off Bitcoin, how has it benefitted the world economy? Your opinion though...
    ~snip~


    Where did you read that Bitcoin was ever supposed to do anything for anyone's economy? Bitcoin was supposed to help ordinary people (individuals) to have an alternative to the existing financial systems in order to be able to be their own bank and to be able to make transactions anytime, anywhere and with anyone. This "so-called" Nobel laureate thinks he can talk about Bitcoin because he got his prize before it even existed, but he is just another one of those who talk a lot, but in the end say nothing.



    You think highly of the prize because of some of those who won this award named after the inventor of the first weapon of mass destruction. If you check the whole list, you'll see it's filled with people who not only didn't deserve the prize but also they should not even be free!

    After Obama, I no longer think that the people who give these awards have any credibility, so I think that they are obviously not motivated by sincere and honest intentions, but are influenced by politics and money. Of course, there are strange decisions even when you look at the past, which only confirms even more that something is rotten in the countries of Sweden and Norway (especially the latter).

    As for Krugman's prize, it's in something very silly and not exactly economy related. It's not surprising he's saying some nonsense about Bitcoin at all. Not to mention that his statements are more political (bashing a candidate in the upcoming election) than being about Bitcoin itself.

    Obviously, everything is allowed in the battle for power, and how much does it cost today to put a Nobel laureate on your payroll? They are probably cheaper than a good PR manager.

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