Nobel prize winning economist Paul Krugman trolls Ripple’s XRP and Bitcoin Cash

Hello friends i am going to give you some interested news about paul krugman gave his statement on Xrp and Bch.

Paul Robin Krugman, who is an American economist and a columnist for The New York Times, has recently taken a jibe at Bitcoin and Ripple's XRP for not actually being currencies. In his recent tweet, the Nobel laureate questioned the usability of digital tokens altogether.

Currently, according to market cap, XRP is ranked the third position in the crypto-coin ranking. Some crypto analysts have an opinion that Ripple is promoting its token for speculative trading. Ripple topped the headlines for giving away its tokens to promote a widespread ‘trading’ of XRP.

In Nathaniel Popper’s recent article ‘Here’s Some Cryptocurrency. Now Please Use It,’ says,

"Digital tokens like Bitcoin and its many imitators (like XRP) were designed to make electronic transactions of all sorts easier. But today almost no transactions are happening, other than on virtual currency exchanges where people bet on their price."

Krugman marked these words and responded by stating,

"If a digital currency isn't actually used for any transactions, is it, you know, actually a currency?"

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