'Headed for oblivion'

Wingnut libertarians and lunatic fringe MAGA wingnuts disagree about many things, but one thing they do have in common is an affection for cryptocurrencies. It isn’t hard to find people on the right who are unapologetically bullish on cryptocurrencies.
But one person who doesn’t share their enthusiasm is liberal economist and New York Times columnist Paul Krugman. In his November 17 column, Krugman lays out some reasons why he believes there is a “strong case” that the cryptocurrency industry is “headed for oblivion.”

'Headed for oblivion': Economist Paul Krugman warns of 'collapse of crypto institutions' after FTX debacle