“Paul Krugman has written about Bitcoins, and he has come to the conclusion that they represent a grim development. Fortunately, no one is asking for Krugman’s permission to mine, hold, or use Bitcoin. He is not in charge of designing this emerging alternative money. As for making society rich, a main reason why Bitcoin is taking off is because people want to flee government paper money or at least have some hedge against government money and all that it brings with it. Bitcoin might someday save the economy from being destroyed by government and its economic advisers.”
http://libertycrier.com/finance/dont-hold-bitcoins-krugman-wont-like-it/
Related posts:
Feds Arrest Alleged Top Silk Road Drug Seller; Copycat Sites 'Key Priority'
29 arrested for singing anti-Walker lyrics in Wisconsin state capitol
Man trampled as hundreds of desperate Greeks scuffle for food
Sex Offenses, No Matter How Minor or Understandable, Can Ruin You for Life
Pilot puts aviation career on hold to work on Bitcoin startup
Inevitable Terrorist Attack: Will You Be Manipulated?
West Coast of North America to Be Hit Hard by Fukushima Radiation
The Feds Promote Hunger and Poverty in America but the Kids Are Alright
Chinese Gold Rush Underway
What 1 Ton Of Gold Looks Like
The 16 Most Important Bitcoinaires
Iowa law enforcement agent fired after reporting Republican governor’s car for speeding
Florida City Caught Issuing 1645 Camera Tickets On Shortened Yellow
Iowa Judge Rescues Sioux City Speed Camera Program
The Big Losers at the Olympics Are the Host Nations