I know Krugman is more knowledgeable that me. I am simply suggesting he was not given the right data, or he did not look at recent trends, before judging Bitcoi

I know Krugman is more knowledgeable that me. I am simply suggesting he was not given the right data, or he did not look at recent trends, before judging Bitcoin. The system may be deflationary by nature, but people are sure not treating it as is. Or else you would not have seen the value drop from $32 to $4 in 4 months.