Tag Archives: Nicholas Taleb

Bitcoin is a big asset. It’s got legions of fans all over the world, and it appears to be taking a higher level of precedence in U.S. national politics and similar arenas. However, it’s become clear over time that the world’s biggest and most popular digital asset isn’t going to attract positive attention from everyone, and one of its biggest haters – Nassim Nicholas Taleb, the author of the novel “Black Swan” – has consistently made it clear he’s not a fan....

Nasim Nicholas Taleb – the author of the popular novel The Black Swan and advisor to the hedge fund Universa Investments – believes bitcoin, stocks, and many other assets are going to have it hard over the next few years. Taleb Predicts More Gloom and Doom for Crypto 2022 was a time of very bearish sentiment. Bitcoin, for example, had risen to a new all-time high of about $68,000 per unit in the final months of 2021, though this didn’t last the way people thought it...

Bitcoin spent the early parts of January and the new year rising through the ranks and jumping beyond the $17K mark again. Everyone began to get a little excited about the currency’s prospects, but for hardcore critics like Nicholas Taleb – the author of the bestselling book The Black Swan – bitcoin is still a low-end trading tool that should be ignored and avoided at all costs. Nicholas Taleb Still Hates BTC While bitcoin may be doing somewhat better at press time, it...