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[ninety five] The Economist describes bitcoin as "a techno-anarchist venture to generate a web-based Variation of cash, a way for men and women to transact without the need of the potential for interference from malicious governments or banks".[ninety six] These philosophical Tips initially captivated libertarians and anarchists.[97] Economist Paul Krugman argues that cryptocurrencies like bitcoin are only used by bank skeptics and criminals.[98]
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