Quote from: dnprock on February 12, 2021, 09:37:36 PM

Nassim Nicholas Taleb just wrote on Twitter that he thinks Bitcoin is a failure.

https://twitter.com/nntaleb/status/1360276917992230919

He highlights the problem with volatility. Bitcoin's volatility originates from this paradox. When supply goes to zero, we'd get a divide by zero. The price could be 0 or infinite. It is whatever the narrative the market is following.

Nassim Taleb is a great author, I really like his books. He was right about the 2008 financial crisis and got rich with his famous tradrs
He is kind of famous for betting against popular trades with low risk derivatives. Who knows how much he is betting against bitcoins. It might just be his own agenda to bet against us.