This "teaching" about money is actually one of the most powerful gifts of bitcoin. It strips these high priests of economics and their beloved fiat of all their tricks of illusion and manipulation. It helps us all to see through to what is really going on. Of course they don't like it - it cuts to their identity and value to society - and shows them as the dictators that they are. And they don't like to see themselves that way. I'm sure Krugman would hate to think of himself as a fascist dictator or sycophant for the dictator, but that is what comes clear when you read his piece about Bitcoin - he does not believe in markets or free choice. He does not see it yet, but we can all see it now clearly.
+1.
Krugman is a tool, and about to schooled in the difference between currency based on math and currency base on Keynesian voodoo economics. I doubt he or his ilk will learn much from it, they have a vested interest in maintaining control over everyone else.
