You should look into Ethereum 2.0. And probably buy some.
Never miss a chance to peddle your coin
Taleb: Bitcoin, Currencies, and Bubbles
11–20 of 84 posts
Re: Taleb: Bitcoin, Currencies, and Bubbles
#12Taleb has absolutely destroyed his credibility by speaking at the "Coingeek" conference and sharing a stage with "Craig Wright" https://www.urbandictionary.com/define.php?term=Taleb%27ed%2...
And so what? I haven't watched his talk, but by the summary of it it seems like his talk was consistent with his previous statements. Did Snowden destroy his credibility when he "shared the stage" with the scammer in this video? https://www.youtube.com/watch?v=Hv3UC4lz3oQ It seems to me that the only thing that matters in most of the "crypto community" is that you are contributing to the price going up. When Musk too…
I've been following Taleb for years. I generally like abrasive style and his calling out of intellectual class. But some of his personal attacks on Bitcoin supporters is a little over the top.
From Twitter:
> [Peter McCormack] Would you discuss your findings in this paper with me. I’d like to explain to you why I think you are wrong. I believe this paper is not objective, rather written from a position of wanting to confirm your recent anti-Bitcoin position.
> [Taleb] Listen, fucking idiot. Go write your own rebuttal. The only good thing your amoeba brain is good at is in harassing mobs, intimidating innocent people who have a different opinion, pushing them to close their twitter accts. So stay quiet on my thread and keep your mouth shut.
I get that he doesn't want to engage in someone on a non-technical level or dumb down his argument, but these exchanges are off-putting. I haven't seem him express such consistent direct vitriol to others he considers fraudsters (central bankers, economists, pop-pyschology authors, journalists, etc). It's just weird that he's been going on a months long rage against people that invest their own money in something they believe in.
His paper might address this, but it seems like support for crypto to be a rather innocuous interest.
[0] https://twitter.com/PeterMcCormack/status/140673441067473715...
Re: Taleb: Bitcoin, Currencies, and Bubbles
#13Earlier quoted context omitted.
And so what? I haven't watched his talk, but by the summary of it it seems like his talk was consistent with his previous statements. Did Snowden destroy his credibility when he "shared the stage" with the scammer in this video? https://www.youtube.com/watch?v=Hv3UC4lz3oQ It seems to me that the only thing that matters in most of the "crypto community" is that you are contributing to the price going up. When Musk too…
I could be more specific, but I would risk getting sued by Craig Wright and his friends I want to leave you with this quote though > “First ethical rule: If you see fraud and do not say fraud, you are a fraud.” > ― Nassim Nicholas Taleb, Antifragile: Things That Gain From Disorder
Presumably Taleb wasn't showing up at the conference to promote and profit from whatever Craig Wright is doing these days, rather he was there to throw cold water on the entire crypto industry, so I don't think the indictment you mention really applies.
Re: Taleb: Bitcoin, Currencies, and Bubbles
#14Earlier quoted context omitted.
And so what? I haven't watched his talk, but by the summary of it it seems like his talk was consistent with his previous statements. Did Snowden destroy his credibility when he "shared the stage" with the scammer in this video? https://www.youtube.com/watch?v=Hv3UC4lz3oQ It seems to me that the only thing that matters in most of the "crypto community" is that you are contributing to the price going up. When Musk too…
I've been following Taleb for years. I generally like abrasive style and his calling out of intellectual class. But some of his personal attacks on Bitcoin supporters is a little over the top. From Twitter: > [Peter McCormack] Would you discuss your findings in this paper with me. I’d like to explain to you why I think you are wrong. I believe this paper is not objective, rather written from a position of wanting to…
Peter McCormack could start by providing evidence for why the paper was wrong, instead was trying to bait Taleb into a Twitter thread that would have done no good to anyone. Good thing for Taleb that he didn't engage.
Re: Taleb: Bitcoin, Currencies, and Bubbles
#15I totally agree with Taleb, as any reasonable technical guy around here that is not interested in making a quick buck through a Ponzi scheme. Sorry, for some of them is more than a quick buck, but a day job.
Re: Taleb: Bitcoin, Currencies, and Bubbles
#16Earlier quoted context omitted.
And so what? I haven't watched his talk, but by the summary of it it seems like his talk was consistent with his previous statements. Did Snowden destroy his credibility when he "shared the stage" with the scammer in this video? https://www.youtube.com/watch?v=Hv3UC4lz3oQ It seems to me that the only thing that matters in most of the "crypto community" is that you are contributing to the price going up. When Musk too…
I could be more specific, but I would risk getting sued by Craig Wright and his friends I want to leave you with this quote though > “First ethical rule: If you see fraud and do not say fraud, you are a fraud.” > ― Nassim Nicholas Taleb, Antifragile: Things That Gain From Disorder
[deleted]
Re: Taleb: Bitcoin, Currencies, and Bubbles
#17I’m pleased that Taleb doesn’t want to own bitcoin. He’s a millionaire already, and he already has a bank account for a long time, and enjoyed US dominance for all his life. Meanwhile finally El Salvadorian US immigrants will able to pay the rent and food for their parents stuck in El Salvador without a 20% markup 3 months for now.
Re: Taleb: Bitcoin, Currencies, and Bubbles
#18Taleb has absolutely destroyed his credibility by speaking at the "Coingeek" conference and sharing a stage with "Craig Wright" https://www.urbandictionary.com/define.php?term=Taleb%27ed%2...
Attacking the person without touching on what they are saying is called an "Ad hominem" and is a common logical fallacy:
https://en.wikipedia.org/wiki/Ad_hominem
That said, Bitcoin is almost purely based consensus reality for most of its existence. It is worth something because others feel it is worth something.
Re: Taleb: Bitcoin, Currencies, and Bubbles
#19I’m pleased that Taleb doesn’t want to own bitcoin. He’s a millionaire already, and he already has a bank account for a long time, and enjoyed US dominance for all his life. Meanwhile finally El Salvadorian US immigrants will able to pay the rent and food for their parents stuck in El Salvador without a 20% markup 3 months for now.
I understand the money transfer problem. Cryptocurrency seems like a good idea in that case.
I question though why choose Bitcoin? I guess a lot of people support it. But it is far from stable, so no one in the right mind, especially poor people should hold significant Bitcoins because it is speculative rather than stable.
I guess stable coins do not have the wide acceptance that bitcoin has? Why not USDC or similar to solve the money transfer problem?
Your respond suggest that Bitcoin is going to the moon, but that suggests you want it to stay the speculative instrument it is now. But if it is going to work in El Salvador you want it to be stable no?
Re: Taleb: Bitcoin, Currencies, and Bubbles
#20Earlier quoted context omitted.
I've been following Taleb for years. I generally like abrasive style and his calling out of intellectual class. But some of his personal attacks on Bitcoin supporters is a little over the top. From Twitter: > [Peter McCormack] Would you discuss your findings in this paper with me. I’d like to explain to you why I think you are wrong. I believe this paper is not objective, rather written from a position of wanting to…
Peter McCormack could start by providing evidence for why the paper was wrong, instead was trying to bait Taleb into a Twitter thread that would have done no good to anyone. Good thing for Taleb that he didn't engage.
He did engage by calling him a "fucking idiot"