We read with interest Paul Krugman’s recent article in the New York Times, humorouslytitled “Bitcoin Is Evil.” Perhaps the most important part of the article is where Dr. Krugman remarks:
“… when I try to get them to explain to me why BitCoin is a reliable store of value, they always seem to come back with explanations about how it’s a terrific medium of exchange. Even if I buy this (which I don’t, entirely), it doesn’t solve my problem. And I haven’t been able to get my correspondents to recognize that these are different questions.”