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by chalst
1522 days ago
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Since you cite N N Taleb, you might be interested in his assessment of Bitcoin: > its current version, in spite of the hype, bitcoin
failed to satisfy the notion of "currency without govern-
ment" (it proved to not even be a currency at all), can be
neither a short nor long term store of value (its expected
value is no higher than 0), cannot operate as a reliable
inflation hedge, and, worst of all, does not constitute,
not even remotely, a safe haven for one’s investments,
a shield against government tyranny, or a tail protection
vehicle for catastrophic episodes. https://www.fooledbyrandomness.com/BTC-QF.pdf |
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