Transaction Costs and Tethers: Why I’m a Crypto Skeptic

Re:Transaction Costs and Tethers: Why I’m a Crypto Skeptic by arcbyte on Tuesday July 31, 2018 @05:24PM (#17657314)

I've always felt a little apprehensive about things Krugman has said, but I'm not an economist and he seems to be held in pretty high regard generally so I've tried to struggle to listen to his viewpoint.

This quote pretty much seals the deal that I was right all along and he's not worth paying attention to.

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Re:Transaction Costs and Tethers: Why I’m a Crypto Skeptic by bittcto on Tuesday July 31, 2018 @06:43PM (#17657952)

He’s not held in high regard by economicists or even economics. He has been proven wrong repeatedly. He’s held in high regard by socialists because he white washes the death and destruction their socialism causes. That’s his purpose. That and virtue signaling.

Your instincts are right. Go to Mises.org for real economics.

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Re:Transaction Costs and Tethers: Why I’m a Crypto Skeptic by maneesh on Wednesday August 01, 2018 @03:17AM (#17660300)

Err...he won a nobel prize in economics

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