'Black Swan' author Taleb slams Bitcoin as a cult and predicts FedNow will end 'crypto cult' business.
TL;DR Summary
Nassim Taleb, author of 'Black Swan', criticized Bitcoin and other cryptocurrencies, calling them a fad and a cult. He believes that the Federal Reserve's upcoming FedNow system will put cryptocurrencies out of business. Taleb also dismissed the idea that crypto is a generational trend, saying that experience should be glorified over ignorance.
- 'Black Swan' author Nassim Taleb says FedNow will put the 'crypto cult' out of business Kitco NEWS
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- 'Black Swan' Author Destroys Bitcoin (BTC): 'Cult-Like, Useless, and Dangerous' U.Today
- 'Black Swan' author says bitcoin is a cult, doesn't even help 'bad guys' Markets Insider
- Universa's Taleb on Inflation, Global Financial Markets, & Crypto Bloomberg Live
- View Full Coverage on Google News
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