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“Because it’s a cult:” Economist Paul Krugman explains crypto

Jason Weisberger
Nov 17, 2025
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Image by Orpheus FX / shutterstock.com

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.

@hmdk
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“No legitimate use” for crypto, and the popularity? “Because it is a cult.” It is like Kr…

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