[Cryptography] Krugman blockchain currency skepticism

grarpamp grarpamp at gmail.com
Tue Jul 31 17:33:03 EDT 2018

On Tue, Jul 31, 2018 at 7:05 AM, William Allen Simpson
<william.allen.simpson at gmail.com> wrote:
> Krugman has a column today that's saying some things that have already
> been posted here.  Hopefully will gain traction.
> https://www.nytimes.com/2018/07/31/opinion/transaction-costs-and-tethers-why-im-a-crypto-skeptic.html

Hopefully not.

"Why would you want to do [cryptocurrency]? What problem does it
solve? I have yet to see a clear answer to that question.
So that’s why I’m a crypto skeptic. Could I be wrong? Of course. But
if you want to argue that I’m wrong, please answer the question, what
problem does cryptocurrency solve? Don’t just try to shout down the
skeptics with a mixture of technobabble and libertarian derp."

Krugman article wouldn't stand a chance at any OG "libertarian"
cryptocurrency conference. Because that's the very  'derp'
behind cryptocurrency... the element needed to understand it.
Freedom isn't derp.

Anyone could tear that article apart,
but you would censor it,
so what's your point of even approving it here for comment?

Propaganda Anti? Downplaying decentralized cryptocurrency
to any cryptos here who might otherwise want to work on it?

> You wrote "eight years". Could you correct that, too?

Good point, nine years is closer to the ten year mark where
cryptocurrrency's unstoppability and fundamental qualities
begin to accelerate.global capitulation towards it.

> http://www.metzdowd.com/pipermail/cryptography/2018-February/033917.html



What's in your wallet?

[bcc cypherpunks]

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