25 Dec '13, 6pm

"Fiat money is backed by men with guns, Bitcoin is not" @NYTimeskrugman #peace

"Fiat money is backed by men with guns, Bitcoin is not" @NYTimeskrugman #peace

Economist and Nobel Prize winner Paul Krugman says that "in principle, you can have assets, which are considered valuable, even though there is nothing backing them," but he is skeptical about what drives the recent surge of the bitcoin.

Full article: http://www.businessinsider.com/paul-krugman-on-bitcoin-20...

Tweets

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Bitcoin paradise

Bitcoin paradise

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