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Predictions are irrelevant. What truly harms Krugman's reputation is his open support of the violent state system, quote: "USD is backed by people with guns whi
by snitko 13y ago
Predictions are irrelevant. What truly harms Krugman's reputation is his open support of the violent state system, quote: "USD is backed by people with guns while Bitcoin is not". I think he quite clearly understands what Bitcoin stands for and I think he correctly identified that it has more to offer to those who lean libertarian. What he either doesn't say or doesn't believe in is that states and central bankers are a violent group of thugs who exploit other people by either fooling them or threatening them. I know many people on HN do not share this point of view. Fine. Problem is, Bitcoin will bring this fact to light so that no one would be able to obscure it with meaningless words and lies.