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Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for Blockchain

Nobel Prize Laureate Paul Krugman Warns of an Eternal Winter for BlockchainNobel Prize-winning economist Paul Krugman has warned about the possibility of a perennial winter for blockchain projects, including crypto. In a recent article published in the New York Times (NYT), the economist criticizes blockchain as a tech and its uses citing several signs that he believes precede this upcoming winter. Paul Krugman Compares Crypto Winter […]

Gary Gensler is leaving the SEC, but replacement will face scrutiny

Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime Crisis

Nobel Laureate Paul Krugman Compares Crypto to Housing Bubble and Subprime CrisisNobel Prize-winning economist Paul Krugman has compared the current state of cryptocurrency to the housing bubble and the subprime mortgage crisis. Noting that crypto lacks any real value, he said: “it is a house built not on sand, but on nothing at all.” Paul Krugman on Crypto, Housing Bubble, and Subprime Mortgage Crash Nobel laureate […]

Gary Gensler is leaving the SEC, but replacement will face scrutiny

Nobel Laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same Mistake

Nobel Laureate Paul Krugman Likens Crypto Market to Subprime Mortgage Crash — Warns Regulators Are Making the Same MistakeNobel Prize-winning economist Paul Krugman sees parallels between the crypto market and the subprime mortgage crash. “There’s growing evidence that the risks of crypto are falling disproportionately on people who don’t know what they are getting into and are poorly positioned to handle the downside,” he stressed. Nobel Laureate Paul Krugman Warns About Crypto Crashing […]

Gary Gensler is leaving the SEC, but replacement will face scrutiny

Nobel Laureate Paul Krugman Quits Predicting Bitcoin’s Demise, Now Says BTC ‘Can Survive Indefinitely’

Nobel Laureate Paul Krugman Quits Predicting Bitcoin’s Demise, Now Says BTC ‘Can Survive Indefinitely’Nobel Prize-winning economist Paul Krugman says he has given up predicting the imminent demise of bitcoin. The economist now suggests thinking of the cryptocurrency “as a cult that can survive indefinitely.” Nonetheless, Krugman still believes that bitcoin has no fundamentals. Paul Krugman Likens Bitcoin to a Cult That Can Survive Indefinitely Nobel laureate Paul Krugman […]

Gary Gensler is leaving the SEC, but replacement will face scrutiny