Wu Blockchain (@WuBlockchain): Paul Krugman: Bitcoin Is Not Future Tech, Just Younger Than First iPhone

Paul Krugman: Bitcoin Is Not Future Tech, Just Younger Than First iPhone On February 5, 2026, Nobel laureate Paul Krugman warned in an interview with Bloomberg that cryptocurrency is facing a "Fimbulwinter." He pointed out that Bitcoin lacks fundamentals and is primarily supported by "vibes," with its practical utility limited to bypassing capital controls or illicit activities. Krugman argues that Bitcoin is not so-called "future technology," noting it is only slightly younger than the first iPhone, yet after 17 years, it has failed to become a legitimate means of payment, calling it a "failure." Source: https://youtu.be/6uGoAaov9lU?si=-aTyzAOI5Rc7E5Y1