Paul Krugman:

Stross doesn’t like that agenda, and neither do I; but I am trying not to let that tilt my positive analysis of BitCoin one way or the other. One suspects, however, that many BitCoin enthusiasts are, in fact, enthusiastic because, as Stross says, “it pushes the same buttons as their gold fetish.”

So let’s talk both about whether BitCoin is a bubble and whether it’s a good thing — in part to make sure that we don’t confuse these questions with each other.

Incendiary headline aside, it does seem right that these should be two questions addressed separately from one another.

  1. rmnwski reblogged this from parislemon and added:
    Bitcoin: con
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