{"id":363432,"date":"2022-12-09T00:47:55","date_gmt":"2022-12-09T05:47:55","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=363432"},"modified":"2022-12-09T00:48:34","modified_gmt":"2022-12-09T05:48:34","slug":"paul-krugman-a-well-known-skeptic-is-challenged-by-binance-ceo-cz-in-a-cryptocurrency-masterclass","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/paul-krugman-a-well-known-skeptic-is-challenged-by-binance-ceo-cz-in-a-cryptocurrency-masterclass","title":{"rendered":"Paul Krugman, a well-known skeptic, is challenged by Binance CEO CZ in a cryptocurrency masterclass"},"content":{"rendered":"

Paul Krugman, an economist, began a 30-minute conversation with Changpeng “CZ” Zhao, CEO of Binance, by saying, “I’m part of the crypto skeptic community, I guess you’d say.” The conversation was conducted for a new MasterClass course.<\/p>\n

Krugman, who last week wrote a column for the New York Times in which he called the hype surrounding cryptocurrencies and blockchain technology a “tragedy” that had led to “waste on an epic scale,” made an excellent sparring partner for CZ in the online class. Decrypt had access to MasterClass’ fifth lesson, which featured the two professionals.<\/p>\n

When it comes to crypto<\/a>, he has been skeptical:<\/p>\n

our rap has always been that we can’t see what problem it solves, what it really does that we aren’t already doing, or how it can\u2014to the extent there is a problem\u2014solve it better than other more traditional methods<\/p><\/blockquote>\n

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Education is key to adoption. Masterclass is one of the most engaging educational platforms in the world. I spent more than 6 hrs to shoot for this, mostly because I NG a lot. Also a nice poster they made. Really cool. \ud83d\ude4f https:\/\/t.co\/LMJ27cLpXU<\/a><\/p>\n

— CZ \ud83d\udd36 BNB (@cz_binance) December 8, 2022<\/a><\/p><\/blockquote>\n