Bitcoin is a cult, offers no refuge, and doesn't help even 'the bad guys', 'Black Swan' author Nassim Taleb says
"I actually have been a critic of bitcoin for reasons like - my principal reason - well, guess what, it's not even good for money laundering," he said."It is too traceable - Bitcoin is a book entry somewhere that anyone with basic knowledge and statistics can triangularize," he added, saying that at least with gold, you can melt the bars.
"The second one is that it was transformed into a cult - the first time in history probably we're mixing money and cult," Taleb said."Here's a cult with a financial product - these things don't go together very well." The assumptions that bitcoin works as a place of refuge and that it's good for transactions are also false, he continued, adding that the Federal Reserve can very quickly replace cryptocurrencies.
The crypto industry has been under intense scrutiny following the downfall of FTX late last year. It's spurred a full-blown crackdown on the industry, with other major exchanges including Binance being pulled into the crosshairs of inspection.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
'Black Swan' Author Destroys Bitcoin (BTC): 'Cult-Like, Useless, and Dangerous''Black Swan' author Nassim Taleb nntaleb obliterates Bitcoin in a fiery tirade, mercilessly calling $BTC a cult-like tool useless even for money laundering bitcoin btc bitcoinnews nassimtaleb blackswan
Baca lebih lajut »
Natalie Portman ‘Doesn’t Know’ If Her Marriage Can Recover After Husband's AffairThe Black Swan actress is 'incredibly private' about her life.
Baca lebih lajut »
Black Mermaids, White Fantasies and the Need for a Black Feminist Imagination - Ms. Magazine'Above all else, these videos demonstrate that representation matters—it is important for young Black girls to see themselves represented in the shows they watch.'
Baca lebih lajut »
Best Bets: Swan Lake, Jazz on Film and Summer LoveIt’s National Best Friends Day, so grab your bestie and check out some of this week’s best bets. We’ve got jazz on film at the Museum of Fine Arts, Houston, slapstick-y commedia dell’arte at the Alley Theatre, and lots for you dance lovers out there. Keep reading to learn more...
Baca lebih lajut »
Houston Ballet's Swan Lake Ascends to GreatnessWho would have thought that a little something Pyotr Ilyich Tchaikovsky put together to entertain his nieces and nephews would eventually become, arguably, the most popular ballet of all time? Yes, it’s Swan Lake, which is closing the Houston Ballet season right now over at the Wortham Theater Center. Swan...
Baca lebih lajut »