Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue

Bitcoin Proponents Slam Nobel Laureate Paul Krugman After Venmo Payment Issue


Nobel Prize winner Paul Krugman complained on Twitter Wednesday that he was experiencing issues with the centralized payment processor Venmo. His tweet was followed by a barrage of bitcoin supporters who insisted that Krugman was now realizing the importance of censorship-resistant payment systems.

Krugman’s Experience Highlights the Growing Interest in Censorship-Resistant Payment Systems

Nobel Prize winner and author Paul Krugman, who famously wrote in 1998 that “by 2005 or so, it will become clear that the Internet’s impact on the economy has been no greater than the fax machine’s,” had issues with a third-party payment provider. On Wednesday, Krugman announced on Twitter that he was busy but needed to explain the situation.

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“Too busy to tweet. But not to vent,” Krugman said. “I’ve been using

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