“Because it’s a cult:” Economist Paul Krugman explains crypto
This clip of economist Paul Krugman explaining that crypto is really a tool for the tools, and not any sort of legitimate currency or investment practice, is wonderful. In an interview with Hasan Minhaj, Krugman lays it all out.
“No legitimate use” for crypto, and the popularity? “Because it is a cult.” It is like Krugman puts a stake in the vampire’s heart.