According to the source, Nobel laureate economist Paul Krugman and comedian Hasan Minhaj still view crypto as a scam. Krugman's stance aligns with his New York Times columns arguing that cryptocurrencies lack real-world utility and are driven by speculation, including Technobabble, Libertarian Derp and Bitcoin in 2018 and Blockchains, What Are They Good For? in 2022, source: The New York Times. For traders, high-profile negative commentary can pressure short-term sentiment and liquidity in retail-driven tokens; empirical evidence shows celebrity tweets can move crypto returns and volumes in the short run, source: Lennart Ante, 2021, SSRN, How Elon Musk’s Twitter Activity Moves Cryptocurrency Markets. These impacts are typically concentrated around the event window and often fade, suggesting potential mean-reversion opportunities once volatility subsides, source: Lennart Ante, 2021, SSRN, How Elon Musk’s Twitter Activity Moves Cryptocurrency Markets.