[2018-01-12] Paul Krugman Is Excited to See Bitcoin Have Issues

[Iloveelvis]

Yesterday on January 11 the American economist and professor of economics, Paul Krugman, seemed pretty excited about The North American Bitcoin Conference not being able to accept bitcoin for tickets. Krugman tweeted our recent article to his 4 million followers gloating that bitcoin is “too clunky and expensive.”

On January 10 news.Bitcoin.com reported on the unfortunate predicament organizers of The North American Bitcoin Conference (TNABC) had to deal with — due to fees and network congestion, TNABC stopped processing bitcoin payments for tickets. The news spread like wildfire throughout the cryptocurrency community, with people clamoring about how depressing it was one of the largest bitcoin conferences couldn’t accept the cryptocurrency for entry into the event. The economist and New York Times contributor Paul Krugman thought the subject was interesting as well when he tweeted our story yesterday.

Read More Here>>> https://news.bitcoin.com/paul-krugman-is-excited-to-see-bitcoin-have-issues/

[BountyLord]

It is irony

[Slow death]

In the last months https://news.bitcoin.com has published many news that somehow are against bitcoin, it seems to me that they do not miss the chance to post news that are direct and indirect criticism for bitcoin, it is not news that bitcoin has this problem is also not new that are looking for solutions that are viable in the long-term... to post or criticizing the same subject when they do not even talk about possible solution viable in long-term is something that we should not even waste time to read .

[1Referee]

In the last months https://news.bitcoin.com has published many news that somehow are against bitcoin, it seems to me that they do not miss the chance to post news that are direct and indirect criticism for bitcoin, it is not news that bitcoin has this problem is also not new that are looking for solutions that are viable in the long-term... to post or criticizing the same subject when they do not even talk about possible solution viable in long-term is something that we should not even waste time to read .

It's in their advantage to discredit Bitcoin, but they are free to do so if they feel it helps their shitty BCASH forward. Gladly, people just see BCASH as a hedge rather than an actual Bitcoin competitor, but this is something that Roger Ver doesn't entirely understand, or just doesn't want to understand. If they really wanted to make a difference, and an actual Bitcoin competitor, they would have created a completely new altcoin, and not reverted to forking Bitcoin. Forking Bitcoin brings the large holders more wealth, free marketing, free brand awareness, etc. It's just a pathetic human being if you see him talk down on Bitcoin on Youtube, where he even says that transaction fees can stretch out all the way into the $1000 range. He however refrains from explaining why such a fees are required, but of course, he doesnt.

[secondgarlic]

Well, you hold conferences for experts to exchange ideas and how to better your product. If the product at its current stage cannot be used as a payment method; then yes, it's not perfect, but this can be improved. The fact that bitcoin is so popular despite its current problems goes on to show you how much more important it will be once those problems are solved.