Paul Krugman: Bitcoin Will “Set the Monetary System Back ...

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A rede antissocial dos 'bitcoins' Paul Krugman

A oscilação exagerada do "bitcoin" pode não ter sido a notícia econômica mais importante das últimas semanas, mas foi a mais divertida, com certeza. Num período de menos de duas semanas, o preço da chamada "moeda digital" mais que triplicou. Em seguida, caiu mais de 50% em poucas horas. De repente pareceu que tínhamos voltado à era ponto.com.
O significado econômico dessa montanha-russa foi basicamente nenhum. Mas o furor em torno do "bitcoin" serviu de lição útil sobre como as pessoas têm concepções equivocadas em relação ao dinheiro, e, em especial, sobre como se deixam enganar devido a seu desejo de divorciar o valor do dinheiro da sociedade à qual o dinheiro serve.
O que é um "bitcoin"? Às vezes é descrito como uma maneira de realizar transações online --mas isso, por si só, não constituiria novidade num mundo de transações online com cartões de crédito e PayPal. Na realidade, o Departamento de Comércio dos EUA estima que até 2010, cerca de 16% das vendas totais efetuadas nos EUA já eram feitas no comércio eletrônico.
Então de que maneira o "bitcoin" é diferente? Diferentemente das transações com cartão de crédito, que deixam um rastro digital, as transações com "bitcoin" são criadas para serem anônimas e impossíveis de ser rastreadas. Quando você transfere "bitcoins" a alguém, é como se tivesse ido a uma viela escura e entregado a alguém um saco de papel com cédulas de US$100. E, dito e feito: pelo que é possível saber, tirando seu uso como alvo de especulação, a principal utilização feita do "bitcoin" até agora vem sendo para versões online daquelas transações em ruelas escuras, com "bitcoins" sendo trocados por drogas e outros produtos ilegais.
Mas os defensores do "bitcoin" insistem que este faz muito mais do que facilitar a realização de transações ilícitas. Os maiores investidores declarados em "bitcoin" são os irmãos Winklevoss, gêmeos ricos que moveram uma ação bem-sucedida para reivindicar uma parcela do Facebook e foram celebrizados pelo filme "A Rede Social". E eles defendem o produto digital em termos semelhantes aos usados por defensores do ouro quando falam de seu metal favorito. Tyler Winklevoss declarou recentemente: "Optamos por investir nosso dinheiro e nossa confiança num quadro matemático que é imune à política e ao erro humano".
A semelhança com o discurso dos defensores do ouro não é coincidência, já que os entusiastas do ouro e dos "bitcoins" tendem a compartilhar uma posição política libertária e a crença de que os governos abusam profundamente de seu poder de imprimir dinheiro. Ao mesmo tempo, é muito peculiar, já que os "bitcoins" são, em certo sentido, o máximo possível em matéria de moeda fiduciária, com valor que não é baseado em nada concreto.
O valor do ouro vem em parte do fato de esse metal ter utilizações não monetárias, como em obturações dentárias e na fabricação de joias; as moedas de papel têm valor porque são garantidas pelo poder do Estado, que as define como moeda legal e as aceita no pagamento de impostos. No caso dos "bitcoins", seu valor, quando existe algum, se deve puramente à crença de que outras pessoas os aceitarão como forma de pagamento.
Mas deixemos essa característica estranha de lado, além do processo peculiar de "garimpagem" empregado para fazer crescer o montante de "bitcoins" --na realidade, um processo de cálculo complexo. Foquemos, ao invés disso, duas grandes ideias equivocadas --uma delas prática, outra de cunho filosófico-- que são subjacentes tanto à crença no valor fundamental do ouro quanto na aposta nos "bitcoins".
O equívoco prático em questão --e é grande-- é a ideia de que vivemos numa era marcada pela impressão altamente irresponsável de dinheiro, em que a inflação galopante estaria prestes a chegar. É verdade que o Federal Reserve e outros bancos centrais ampliaram suas folhas de balanço em muitos, mas o fizeram explicitamente, como medida temporária em resposta à crise econômica.
Eu sei que se diz que não é possível confiar em autoridades governamentais e tudo o mais, mas a verdade é que as promessas de Ben Bernanke de que suas ações não terão consequências inflacionárias vêm sendo cumpridas ano após ano, enquanto as previsões agourentas de inflação feitas pelos partidários do ouro insistem em não se concretizar.
Mas me parece que o equívoco filosófico é ainda maior. Tanto os partidários do ouro quanto os dos "bitcoins" parecem ansiar por um padrão monetário puro, que seja intocado pelas fragilidades humanas.
Mas esse é um sonho impossível. Como Paul Samuelson declarou certa vez, o dinheiro é um "expediente social", não algo que exista fora da sociedade. Mesmo quando as pessoas usavam moedas de ouro e prata, a utilidade dessas moedas não estava nos metais preciosos que continham, mas na expectativa de que outras pessoas as aceitariam como forma de pagamento.
Na realidade, poderíamos imaginar que os irmãos Winklevoss entendessem esse fato, já que, de certo modo, o dinheiro é como uma rede social: algo útil apenas na medida em que outras pessoas o utilizam. Mas acho que algumas pessoas simplesmente se incomodam com a noção de que o dinheiro é uma coisa humana e querem os benefícios da rede monetária sem a parte social dela. Lamento --isso é impossível.
Será que precisamos de um novo tipo de dinheiro, então? Acho que esse argumento poderia ser apresentado se o dinheiro que temos estivesse apresentando problemas de funcionamento. Mas não está. Temos problemas econômicos enormes, mas as folhinhas de papel verde estão funcionando muito bem. Não deveríamos mexer com elas.
Paul Krugman é prêmio Nobel de Economia (2008), colunista do jornal "The New York Times" e professor na Universidade Princeton (EUA). Um dos mais renomados economistas da atualidade, é autor ou editor de 20 livros e tem mais de 200 artigos científicos publicados.
submitted by allex2501 to BrasilBitcoin [link] [comments]

I'm the Founder of a 3D Printing Company considering accepting Cryptocurrency... I want to hear from the Reddit community ! (x-post)

I want to hear what the Bitcoin Reddit community has to say about the implications of accepting Bitcoin.
I am also interested in accepting other cryptocurrencies, like altcoin or dogecoin. Advice? Tips? Information?
Thoughts on various cryptocurrency payment processors, like bitpay & coinbase?
Also, what is your response to famed-economist Paul Krugman's declaration that "Bitcoin is Evil" ?
http://krugman.blogs.nytimes.com/2013/12/28/bitcoin-is-evil/?_r=0
As well I'm interested in hearing your thoughts pertaining to the following...
http://www.antipope.org/charlie/blog-static/2013/12/why-i-want-bitcoin-to-die-in-a.html
http://equitablegrowth.org/2013/12/28/1466/watching-bitcoin-dogecoin-etc
http://krugman.blogs.nytimes.com/2013/12/29/an-ubernerd-weighs-in/
http://business.time.com/2014/01/03/bitcoin-paul-krugman-is-right-to-hate-them/
Edit 1: What regulation is there to ensure the cryptocurrency payment processors don't screw me over?
Edit 2: What do you think about this:
I accept DogeCoin and BitCoin and keep 10% of each and immediately transfer the other 90% of each, respectively, to FIAT money.
Edit 3: As a brief aside, you guys are way cooler than the people over at /bitcoin. Props !
Edit 4: Where's the best place to establish a crypto-wallet? Why?
Edit 5: Just wanted to say... You are all awesome !!!! Two things... 1) I've never gotten this many up-votes for a post before. 2) Everyone is super nice and friendly !!! This is definitely my new Reddit home :).
To the moon !!!!
Edit 6: I just woke up and saw 152 upvotes... Woohoo !!! Tips for everyone :D :D
Edit 7: There's more Doge fun over here: http://www.reddit.com/dogecoin/comments/1v7wwn/everyone_who_comments_gets_tips_oh_shibes_i_seek/
submitted by SeabassWells to dogecoin [link] [comments]

I'm a CEO considering accepting Cryptocurrency... I want to hear from the Bitcoin Reddit community !

I want to hear what the Bitcoin Reddit community has to say about the implications of accepting Bitcoin. My rationale is that I wouldn't spend any of the Bitcoin, but instead store them until they gain worth and are more stable in the future. I could also potentially accept other cryptocurrencies and immediately invest them into bitcoin...
I am also interested in accepting other cryptocurrencies, like altcoin or dogecoin. Advice? Tips? Information?
Also, what is your response to famed-economist Paul Krugman's declaration that "Bitcoin is Evil" ? http://krugman.blogs.nytimes.com/2013/12/28/bitcoin-is-evil/?_r=0
As well I'm interested in hearing your thoughts pertaining to the following...
http://www.antipope.org/charlie/blog-static/2013/12/why-i-want-bitcoin-to-die-in-a.html
http://equitablegrowth.org/2013/12/28/1466/watching-bitcoin-dogecoin-etc
http://krugman.blogs.nytimes.com/2013/12/29/an-ubernerd-weighs-in/
http://business.time.com/2014/01/03/bitcoin-paul-krugman-is-right-to-hate-them/
Edit 1: I'm a foundepresident considering accepting Cryptocurrency.
Edit 2: Pertaining to the payment processor, I operate in US & EU so coinbase won't work.
Edit 3: As generic gobbledy-gook, I just want to say (as a fairly new Redditor) that I LOVE how open a platform Reddit provides everyone. Thanks to everyone in the community that makes it what it is !
Edit 4: For people who want to know about my business, I've mentioned it in about 4 or 5 comments now (people keep asking the same question). Ctrl+F "Granularity"
submitted by SeabassWells to Bitcoin [link] [comments]

I'm the Founder of a 3D Printing Company considering accepting Cryptocurrency... I want to hear from the Reddit community ! (x-post)

I want to hear what the Bitcoin Reddit community has to say about the implications of accepting Bitcoin.
I am also interested in accepting other cryptocurrencies, like altcoin or dogecoin. Advice? Tips? Information?
Thoughts on various cryptocurrency payment processors, like bitpay & coinbase?
Also, what is your response to famed-economist Paul Krugman's declaration that "Bitcoin is Evil" ?
http://krugman.blogs.nytimes.com/2013/12/28/bitcoin-is-evil/?_r=0
As well I'm interested in hearing your thoughts pertaining to the following...
http://www.antipope.org/charlie/blog-static/2013/12/why-i-want-bitcoin-to-die-in-a.html
http://equitablegrowth.org/2013/12/28/1466/watching-bitcoin-dogecoin-etc
http://krugman.blogs.nytimes.com/2013/12/29/an-ubernerd-weighs-in/
http://business.time.com/2014/01/03/bitcoin-paul-krugman-is-right-to-hate-them/
submitted by SeabassWells to litecoin [link] [comments]

Bitcoin up 43% since Paul Krugman congratulated himself on predicting it's "decline" in 2018

Bitcoin up 43% since Paul Krugman congratulated himself on predicting it's submitted by cainethelongshot to Bitcoin [link] [comments]

Bitcoin up 43% since Paul Krugman congratulated himself on predicting it's "decline" in 2018 (x-post from /r/Bitcoin)

Bitcoin up 43% since Paul Krugman congratulated himself on predicting it's submitted by ASICmachine to CryptoCurrencyClassic [link] [comments]

Economist and Bitcoin Hater Paul Krugman Claim's Hackers Planted Child Pornography on His Computer

Economist and Bitcoin Hater Paul Krugman Claim's Hackers Planted Child Pornography on His Computer submitted by CryptoDangerousDave to btc [link] [comments]

Throwback Thursday - 'The Conscience of a Liberal' by Paul Krugman: Bitcoin is Evil

https://krugman.blogs.nytimes.com/2013/12/28/bitcoin-is-evil/
submitted by highdra to Bitcoin [link] [comments]

Economist and Bitcoin Hater Paul Krugman Claim's Hackers Planted Child Pornography on His Computer

Economist and Bitcoin Hater Paul Krugman Claim's Hackers Planted Child Pornography on His Computer submitted by CryptoDangerousDave to CryptoCurrencies [link] [comments]

I am a kid from Greater India, and I want to know. Why does Paul Krugman keep negative things about Bitcoin?

Why does Paul Krugman keep saying negative things about Bitcoin?
P.S. I used to start my posts with: "I am a teen from Sri Lanka, and I want to know." I now no longer consider myself Sri Lankan. I call it Greater India.
UPDATE: I believe that Krugman may have gotten one or two things "maybe wrong". But look at his strike rate. Think about all the things he gets right. As for him being a Keynesian, that's not a crime the last time I checked.
submitted by aboutcode to btc [link] [comments]

Economist and Bitcoin Hater Paul Krugman Claims Hackers Planted Child Pornography on His Computer

Economist and Bitcoin Hater Paul Krugman Claims Hackers Planted Child Pornography on His Computer submitted by WaltWalrus to Bitcoincash [link] [comments]

Economist and Bitcoin Hater Paul Krugman Claim's Hackers Planted Child Pornography on His Computer

Economist and Bitcoin Hater Paul Krugman Claim's Hackers Planted Child Pornography on His Computer submitted by CryptoDangerousDave to CryptoMarkets_News [link] [comments]

Saifedean Ammous, author of The Bitcoin Standard, replies to Paul Krugman's critique of Bitcoin.

Saifedean Ammous, author of The Bitcoin Standard, replies to Paul Krugman's critique of Bitcoin. submitted by General_knasus to Bitcoin [link] [comments]

Hey Paul Krugman, Bitcoin Doesn't Need 'Men With Guns' to Have Value

Hey Paul Krugman, Bitcoin Doesn't Need 'Men With Guns' to Have Value submitted by Suberg to Bitcoin [link] [comments]

Jihan Wu to Paul Krugman: "Please try Bitcoin Cash."

Jihan Wu to Paul Krugman: submitted by Egon_1 to btc [link] [comments]

Nassim Taleb is punking out paul krugman about bitcoin on twitter right now.

Nassim Taleb is punking out paul krugman about bitcoin on twitter right now. submitted by MakeTotalDestr0i to Bitcoin [link] [comments]

PAUL KRUGMAN: Bitcoin is a more obvious bubble than housing was

PAUL KRUGMAN: Bitcoin is a more obvious bubble than housing was submitted by PostNationalism to economy [link] [comments]

We talked to Nobel Prize-winning economist Paul Krugman about tax reform, Trump, and bitcoin

submitted by SyntheticOne to Economics [link] [comments]

Paul Krugman: "So is Bitcoin a giant bubble that will end in grief? Yes. But it’s a bubble wrapped in techno-mysticism inside a cocoon of libertarian ideology. And there’s something to be learned about the times we live in by peeling away that wrapping."

Paul Krugman: submitted by Pilebsa to Freethought [link] [comments]

PAUL KRUGMAN: Bitcoin is a more obvious bubble than housing was

PAUL KRUGMAN: Bitcoin is a more obvious bubble than housing was submitted by Bastet1 to technology [link] [comments]

PAUL KRUGMAN: Bitcoin is a more obvious bubble than housing was

PAUL KRUGMAN: Bitcoin is a more obvious bubble than housing was submitted by Majk___ to neoliberal [link] [comments]

Paul Krugman:"Bitcoin conference won't accept Bitcoin because it's too clunky and expensive. Yay!"

Paul Krugman: submitted by Egon_1 to btc [link] [comments]

Popular Videos - Paul Krugman - YouTube Paul Krugman Bashes Bitcoin - YouTube Bitcoin is a Monolith Paul Krugman does not understand bitcoin 7/9/15 - YouTube Finance and Crypto News  Paul Krugman gets owned on the value case for Bitcoin

Paul Krugman Trolls Riple And Accidentally Makes A Case For Bitcoin Cash. The cryptocurrency market is full of people with opinions and Paul Krugman, a Nobel laureate economist, is certainly full of them. In a recent tweet, Krugman has asked “If a digital currency isn’t actually used for any transactions, is it, you know, actually a ... Bitcoin (BTC)–Bitcoin is again in the headlines being criticized by a Nobel Prize winning economist. Paul Krugman, one of the most accoladed and celebrated economists of our time, has again written in his contribution to The New York Times that Bitcoin fails to constitute money, but could also be responsible for erasing much of the monetary innovation created over the last three centuries. In the world of bitcoin antagonists, economist and author Paul Krugman has taken a central role. Krugman wrote a blog post titled "Bitcoin is Evil" in late 2013 and since then has penned several ... Krugman: Bitcoin ‘Has Some Chance To Be Valuable’ Speaking at the ChainXChange conference in Las Vegas, which ran August 13 – 15, Krugman, who had previously made a name for himself as a Bitcoin skeptic, even forecast a future in which Bitcoin has “value” as an entity. “Gold is dead… Bitcoin has more utility than gold,” he said during a panel featuring infamous Bitcoin bulls ... Bitcoin Critic Predicts A Recession. The recession that occurred in the United States in the late 2000s, while over, has left a lasting impact on the financial world with many fearful about a repeat. Now, Paul Krugman, a Nobel prize-winning economist and critic of Cryptocurrency, has come out to warm that we might be headed for another recession this year or next.

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Sign in to like videos, comment, and subscribe. Sign in. Watch Queue Queue. Watch Queue Queue. Remove all; Disconnect; The next video is starting stop Finance and Crypto News Paul Krugman gets owned on the value case for Bitcoin DId she own him or what? What are your thoughts on her response?! Please comment below! SUBSCRIBE! Skip navigation A discussion about the recent New York Times article by Paul Krugman, in which he criticises Bitcoin. How Professionals trying to define Bitcoin fail and why that failure helps to show its disruptive power. BTC: 1JELrbVKDmi4Mud9fD4bpM8hJYNarxMajk https://en.w...

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