‘Nobody is using it for anything legitimate’
Viewers of a TikTok clip about cryptocurrency are locked in a heated debate after a famous economist claimed no one is using crypto for anything legitimate. Aside from contentions on the legality and practicality of use, some viewers have also raised concerns about its environmental impact.
In the video, TikTok creator Hasan Minhaj (@hasanminhaj) shared a segment of his interview with Nobel Prize-winning economist Paul Krugman — who offered a blunt assessment of digital currencies: “There is essentially no legitimate use for crypto, and nobody is using it for anything legitimate.”
@hasanminhaj Nobel laureate economist Paul Krugman thinks crypto is a cult
In Krugman’s opinion,…
