Black Swan

Source: Adobe/Juhku Nassim Nicholas Taleb, an essayist and scholar, known for his book on the extreme impact of rare and unpredictable events, The Black Swan, released a paper on Bitcoin (BTC), with Bitcoiners jumping on what they deemed numerous inaccuracies. In his paper titled 'Bitcoin, Currencies, and Bubbles', Taleb, who…

One of my favorite albeit heavily paraphrased quotes from Albert Einstein is his assertion that the most incomprehensible thing about the universe is that it is comprehensible. (What he actually said, in his 1936 work “Physics and Reality,” is more longwinded, and includes a digression into Immanuel Kant and the…

Covid-19 has indeed changed the customer experience in far more ways than one could imagine. It has disrupted in-person experience to a level that it resulted in a digital space that’s louder and way too harder to cut than ever before. While it has already re-shaped the business landscape; the…

Tourmaline, led by chief executive officer Mike Rose, is buying Black Swan Ltd. for about $750-million in stock. Chris Bolin/The Globe and Mail Tourmaline Oil Corp. is buying Black Swan Energy Ltd. for about $750-million in stock, marking the latest in a series of acquisitions to bulk up in British…

London, UK, May 31, 2021 - (ACN Newswire) - Plethori, a cryptocurrency ETF investment platform, is offering investment opportunities into leading Insurance, NFT, and Oracle sectors. In the crypto world, investment opportunities are plenty, but can appear scattered and complex. Plethori plans to help solve this problem. As crypto becomes…

Bitcoin (BTC) is not “a hedge against anything,” concluded “Black Swan” author and risk analyst Nassim Nicholas Taleb after inviting his 727,000 Twitter followers to debate on whether there is any correlation between BTC and inflation. “CONCLUSION: not a single reasonable argument that #BTC is a hedge against inflation, or,…

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Gold Store of Value Olives Are A Better Inflation Hedge Than Bitcoin, says “Black Swan” Author AnTyApril 24, 2021Olives are a shitty monetary asset, contrary to what bitter nocoiners may claim, counters Saifedean Ammous, author of The Bitcoin Standard. Once a Bitcoin enthusiast, “Black Swan” author Nassim Nicholas Taleb has…

Well-known risk analyst and “Black Swan” author Nassim Nicholas Taleb seemingly changed his previously positive attitude toward Bitcoin, calling it a “gimmick” and an “open Ponzi scheme” during an interview with CNBC’s Squawk Box yesterday. “ has characteristics of an open Ponzi, everybody knows it’s a Ponzi,” Taleb said. “Basically,…

You are here: Home / News / Bitcoin Compared To ‘Ponzi’ By Black Swan Author April 24, 2021 by Sahana Kiran The world’s first and largest cryptocurrency, Bitcoin has garnered several fans across many industries from all around the world. Just as the price of the king coin shot up,…