Paul Krugman
What Paul Krugman gets wrong about crypto
In mid-November, as crypto markets reeled in the aftermath of FTX’s meltdown, Nobel Prize-winning economist Paul Krugman made use of his New York Times column to disparage crypto assets — again. Despite his unquestionable academic credentials, Krugman reiterated a common misunderstanding in his attempt to understand crypto assets — by conflating Bitcoin (BTC) with other cryptocurrencies. Despite being the oldest, most valuable and most well-known member of this emerging class of digital assets, Bitcoin has a unique use case that differs widely from all others. Therefore, in order to understand this asset class as a whole, it would make more sense to choose as your starting point an asset with more tangible utility. Filecoin, for instance, provides storage for digital files in a similar vei...
Nigerian doctor named one of TIME’s Most Influential People in the world
TIME named Nigerian physician Tunji Funsho to the 2020 TIME100, its annual list of the 100 most influential people in the world. The full list and related tributes are available now at time.com/time100, and Mr Funsho’s TIME100 profile is available here. The list, now in its seventeenth year, recognizes the activism, innovation and achievement of the world’s most influential individuals. Mr Funsho, a cardiologist based in Lagos, Nigeria, is the first Rotary member to receive this honour for the organisation’s work to eradicate polio, having played an essential role in ensuring Africa’s certification as wild polio-free in August of 2020. “I’m honored to be recognized by TIME for my part in ensuring that no child in Africa will ever again be paralyzed by wild polio, a disease that once disabl...
