Bitcoin vs. Krugman Derp
Technobabble, Libertarian Derp and Bitcoin, by Paul Krugman
https://www.nytimes.com/2021/05/20/opinion/cryptocurrency-bitcoin.html
True that cryptocurrency has no more value or beneficial use than, say, the Internet, or digital media, or social media, or email, or especially ransomware, considering the Edward Snowden revelations of how global privacy yearners haven't got a chance against governments prying into their intimate and financial affairs primarily with cyber tools (and weapons).
Pardon us, Cryptome (C)(R)(1996) was at the creation of Bitcoin by the elusive Mr. Nakamoto and announced with pleasure on the "Libertarian" mail list Cypherpunks which was initiated by three "crypto freedom" advocates in 1992, Eric Hughes, John Gilmore and Timothy May. Their intent was to advance cryptography as a means to empower the citizenry against governments' excessive meddling in human affairs.
That effort has globally expanded and remains a top source for citizens to exclude the meddlers (now with governments joined by corporations, spies, criminals, cyber opportunists of all stripes, not least online media and its enlistment of proliferating leakers of monetized secrets under disguise of "freedom of information").
Bitcoin and its proliferating imitators, open and secret, is a tip of an iceberg of efforts by the citizenry to self-regulate rather than be hog-tied by authoritarians.
Worth keeping in mind that governments and their best friends, corporations, run vast Ponzis with relish, always have, and it is the duty of citizens to oppose that royalty of constitutional greed.
Hail Satoshi, the Quiet One.