Krugman: The Bitcoin Bubble is the Internet Bubble at 50 Times the Speed
With Trump and Bitcoin, Paul Krugman gets the opportunity to sound like a serious and rational economist.
Bitcoin's recent moves remind me of this, at around 50X the speed. Plunges, partial recoveries, then the big fall. Of course tech stocks have some underlying value ... pic.twitter.com/4zCLlXvmWy
Coming from an idiot that NEVER saw a fed/gov created bubble before it had long popped.......and of course always blamed free market forces and speculators as the evils.
Coming from an idiot that NEVER saw a fed/gov created bubble before it had long popped.......and of course always blamed free market forces and speculators as the evils.
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