Crypto Community Pounces as Economist Paul Krugman Faces Traditional Finance Woes

Prominent economist and well-known critic of cryptocurrency, Paul Krugman, has stirred up the crypto community with his recent comment about being locked out of Venmo, claiming that the "software has taken control."

The tweet from Krugman said that although he has been a user of the popular online payment service Venmo for years, making payments had suddenly become impossible for him.

Try spending just one second in the shoes of someone without your obscene level of financial privilege,” wrote the popular crypto-focused venture investor Nic Carter.

K. Agrawal, while sharing a screenshot that showed how Krugman in the past has claimed Venmo and other electronic money transfer services are just as good as crypto “unless you’re buying drugs, assassinations, etc.

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