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Anne Applebaum
4d
Open Letters, from Anne Applebaum
This is a brilliant interview
there is no legitimate use case for crypto. They’ve had 18 years to come up with one. They keep throwing things up like “an inflation hedge” or “source of stability.” Every one of them has turned out to be baseless. The only real use for crypto is tax evasion, money laundering, and crime. It’s the preferred mechanism of choice for global terrorists, sex traffickers, and rogue nations like North Korea and Iran.
Paul Krugman
Jul 11
at
3:01 PM
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