Quote from: OROBTC on November 17, 2019, 05:09:05 PM

Quote from: El duderino_ on November 17, 2019, 03:27:12 PM

Lebanon in Crisis, the people with money in banks are likely going to be taking a "hair cut". Nassim Taleb recommends Bitcoin.

https://twitter.com/redditbtc/status/1195999403653390336?s=21

For years I have had the highest respect for N. N. Taleb. He was the guy who wrote the book (The Black Swan), as well as some others on finance and how so many "experts" are complete phonies.

Fooled by Randomness (I would start with this one if interested in his ideas) and Antifragile are also extremely good reads of his.

A "Black Swan" is an unexpected, low probability event (usually negative) that has a large impact. Think 9/11... Unexpected. "Low Probability" (impossible to predict). HUGE impact.

He is indeed a very bright and smart person!!