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I like to imagine Krugman and co pacing around their offices wondering why Bitcoin hasn't completely crashed - with the occasional murmur of "deflationary" and

by smokeyj 10y ago

I like to imagine Krugman and co pacing around their offices wondering why Bitcoin hasn't completely crashed - with the occasional murmur of "deflationary" and "libertarians" and "no it can't be".

the_mitsuhiko 10y ago
Why would Krugman wonder why it did not crash? Bitcoin is a pyramid with an expiration date far in the future and currently everything but deflationary.