Economist Paul Krugman criticizes Republican support for cryptocurrencies, calling Bitcoin economically useless and a tool for money laundering and extortion. He questions the pro-crypto stance of figures like JD Vance and Donald Trump, highlighting their shift in views and dismissing the idea of Bitcoin as a hedge against inflation. Democrats, on the other hand, are urged to embrace digital assets and blockchain technology to secure support from the crypto industry.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.