As a researcher with a background in finance and a keen interest in the world of economics and technology, I have long admired the insights of Nassim Nicholas Taleb. His groundbreaking books “Black Swan,” “Antifragile,” and “Skin in The Game” have shaped my understanding of risk and uncertainty.
Nassim Nicholas Taleb, a distinguished scholar with a background in options trading and risk analysis, has gained widespread recognition through his well-read books such as “Black Swan,” “Antifragile,” and “Skin in the Game.”
Approximately 60 minutes ago, Taleb unveiled the title and subject matter of his upcoming book through a post on the X social media site. Notably, Taleb, a vocal critic of Bitcoin, previously held a favorable view of it.
Taleb revealed that his upcoming book is titled “The Lydian Stone,” a name also recognized as the “touchstone” – a flint stone historically used by ancient civilizations to authenticate the purity of silver and gold. Regarding the content of this forthcoming work, the scholar expressed it would delve into:
Approximately three years ago, Taleb expressed a significant shift in stance towards Bitcoin, transitioning into a vocal critic. He publicly announced via Twitter that he had started selling off his Bitcoins. One of the primary reasons for this decision was Bitcoin’s extreme volatility, as per his belief that a currency should not be more unstable than the items it is used to purchase. Additionally, he shared that Bitcoin had failed to serve its intended purpose as a store of value for him personally. Since then, Taleb has persistently criticized Bitcoin on his social media platform, X, and once went as far as labeling it a tumor.
As a researcher studying the perspectives of influential thinkers, I can’t help but notice the significant criticisms levied against Bitcoin by the renowned scholar Nassim Nicholas Taleb. Given his past vocal objections to Bitcoin and other complex systems, it’s reasonable to assume that he might address this topic in his upcoming work.
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2024-05-16 17:56