Crypto remains a solution in search of a problem – Krugman
By Paul Krugman Opinion Columnist NYT “Then there’s cryptocurrency, which isn’t quite like other parts of the technology sector. Whatever you think of Musk, Tesla produces a real product with real uses; so, in a different way, does PayPal, the initial source of Thiel’s vast wealth. Crypto, by contrast, remains a solution in search of a problem. But a couple of months ago, there was Bernie Moreno, the pro-crypto Republican candidate for Ohio’s other Senate seat, at a bitcoin convention asking, “Are you sick of these politicians who say bitcoin is for drug dealing and money laundering?” Actually, no: I’m sick of … Continue reading Crypto remains a solution in search of a problem – Krugman
