I entirely agree with you, other than your interpretation of what Krugman was getting at. He never brings up this as a political/leadership problem, and the gr

I entirely agree with you, other than your interpretation of what Krugman was getting at. He never brings up this as a political/leadership problem, and the great discussions that this would bring. He also is making a general argument against cryptocurrencies elsewhere, which makes it appear that he thinks that this is a property not a state. If I were to write an article criticizing the cryptocurrency space, I'd talk about politics, regulations/lack there-of, currency risks/lack of cheap risk mitigating instruments, and how bearer instruments are crazy risky. He addresses the issues that I'd expect someone who hasn't observed the space enough to address.