
“Cryptocurrencies play almost no role in economic transactions other than speculation in crypto markets themselves. And if your answer is ‘give it time,’ you should bear in mind that bitcoin has been around since 2009, which makes it ancient by tech standards; Apple introduced the iPad in 2010.”
$30,416·

Paul Krugman
Nobel Prize Economist & Substack Columnist
Bitcoin since the quote
Then
$30,416
Now
—
Change
—
The context
On , Paul Krugman (Nobel Prize Economist & Substack Columnist) made this statement while Bitcoin traded at $30,416.


The bad-take collection
Give your wall a better story.
Cite this page— APA, MLA, Chicago, BibTeX
Paul Krugman (2022). "Ancient Tech" — Paul Krugman on Bitcoin. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/quote/ancient-tech-paul-krugman-bitcoin
Statement recorded on · Last verified by Buttcoiners on