Paul Krugman Ridicules Bitcoin's Store Of Value Narrative, Nobel Winning Economist Makes A Cheeky Comparison With Nvidia
Paul Krugman Ridicules Bitcoin's Store Of Value Narrative, Nobel Winning Economist Makes A Cheeky Comparison With Nvidia
Nobel laureate and renowned economist Paul Krugman poked fun at Bitcoin's (CRYPTO: BTC) store of value narrative after the cryptocurrency witnessed one of its steepest drops in years.
諾貝爾獎得主、著名經濟學家保羅·克魯格曼嘲笑了比特幣的價值存儲論調，此前加密貨幣經歷了多年來最急劇的下跌。
What Happened: On Monday, Krugman quoted financial journalist and Bloomberg TV host Joe Wisenthal's Bloomberg's Joe Weisenthal post questioning King Crypto's long-endorsed "digital gold" thesis.
發生了什麼：週一，克魯格曼引用了財經記者、彭博電視主持人喬·威森塔爾（Joe Wisenthal）的彭博社帖子，質疑King Crypto早已背書的“數字黃金”主題。
"Bitcoin doesn't look like the new gold. It looks like 3 tech stocks in a trenchcoat," Weisental stated, underscoring the growing correlation between Bitcoin and traditional risk assets, particularly technology stocks.
“比特幣看起來不像新黃金，看起來像藏在大衣裏的3只科技股，” Weisental表示，強調比特幣與傳統風險資產之間的不斷增長的相關性，特別是與科技股之間的相關性。
Adding his own twist, the 2008 Nobel Economics Prize winner wrote, "I like this line from Joe Weisenthal. But if you think about it, it's an Nvidious comparison," a deliberate wordplay to equate Bitcoin's volatility with NVIDIA Corp. (NASDAQ:NVDA), the stock that has become the barometer of sentiment in technology stocks.
在加入自己的點睛之筆之後，這位2008年諾貝爾經濟學獎得主寫道：“我喜歡喬·威森塔爾的這句話。但是如果你仔細想想，這是一個與英偉達股份有關的厲害的比較。”，這是一次有意的玩文字遊戲，目的是將比特幣的波動性與NVIDIA公司（NASDAQ：NVDA）的波動性相提並論，該股已成爲科技股情緒的標誌。
I like this line from Joe Weisenthal. But if you think about it, it's an Nvidious comparison (rimshot) pic.twitter.com/Cagv3Ha7lF
— Paul Krugman (@paulkrugman) August 5, 2024
我喜歡喬·威森塔爾的這句話。但是如果你仔細想想，這是一個與英偉達股份有關的厲害的比較（笑聲）pic.twitter.com/Cagv3Ha7lF
——保羅·克魯格曼（@paulkrugman）2024年8月5日
Why It Matters: This is not the first time Krugman has criticized Bitcoin. Just last week, he described the cryptocurrency as "economically useless" and criticized former President Donald Trump's support for the asset class.
這並不是克魯格曼第一次批評比特幣。就在上週，他稱這種加密貨幣爲“經濟上毫無用處”，並批評前總統唐納德·特朗普支持該資產類別。
Notably, presidential hopeful Trump recently advocated for a national Bitcoin stockpile, a move Krugman labeled a "government bailout" of a scandal-ridden, value and environment-destroying industry.
值得注意的是，總統熱門候選人特朗普最近倡議建立一個國家比特幣儲備，克魯格曼將這一舉動稱爲一種“政府救助”措施，旨在救助一個飽受醜聞困擾、價值與環境破壞業的行業。
Krugman famously said after the collapse of the cryptocurrency exchange FTX in December 2022 that the "black swan" event could be the beginning of the end for the cryptocurrency industry and the very idea of a blockchain.
克魯格曼在2022年比特幣交易所FTX崩潰後曾經說過，這個“黑天鵝”事件可能是加密貨幣行業及區塊鏈的終結。
Price Action: At the time of writing, Bitcoin was trading at $55,791.75, up 2.55% in the last 24 hours, according to data from Benzinga Pro. Shares of Nvidia ended 6.36% down at $100.45 after Monday's regular trading session.
價格行情：截至撰寫稿件時，根據Benzinga Pro的數據，比特幣最近24小時內上漲2.55%，交易價格爲55791.75美元。經過週一的正常交易，英偉達股份下跌6.36%，收於100.45美元。