The author of Black Swan and Jordan Peterson argue about Bitcoin

The author of Black Swan and Jordan Peterson argue about Bitcoin

Nassim Nicholas Taleb-A Lebanese-American economist who is known as the author of the book "The Black Swan"-began to solve a dispute with the Canadian psychology professor Jordan Peterson about the possible ability of Bitcoin.

The former is a sharp critic of the primary cryptocurrency, while the latter believes that in times when the economy could march towards digitization, it could offer advantages.

Talbs Warning on Peterson's Rat

As reports Daily Mail, one of the leading banks of Australia-Anz-plans to set cash withdrawals in some of their branches. In addition, it intends to reduce its ATMs across the country, which significantly reduces the amount of paper money that could provide its customers with it.

Critics have pointed out that the guideline could affect older customers and people with disabilities who are mostly dependent on physical cash.

The renowned psychologist-Jordan Peterson- believes People could concentrate on Bitcoin as an alternative to the changes in the Anz. The leading digital asset has gained popularity in the country Down Under in recent years. An independent reserve survey that was carried out at the end of 2022 estimated that over 90 % of the locals are aware of its existence, while every fourth person is a crypto-dog.

Nassim Taleb contradicted Peterson and warned inexperienced investors to follow his instructions. He went on and claimed that the Canadian belonged to the "Bitcoin cartel".

I did not feel forced, stepped in and explain that Peterson, who talks about finance, is a little less refined than a committee of Canadian Antivaxx truckers who give lectures on quantum field theory.

But I have to warn the young victims that Peterson belongs to the Bitcoin cartel. https://t.co/gvb8fr5a4o

- Nassim Nicholas Taleb (@nnntaleb) 30. March 2023

Nassim Taleb: From crypto supporter to the sharp critic

The author of The Black Swan was in the past a supporter of cryptocurrencies, specify Keep away and instead invested in Bitcoin and gold.

His positive attitude seems to have changed according to his problems with Coinbase in 2020. Back then, he closed on the platform and claimed that it did not participate in the solution of certain technical problems.

Taleb Started A bashing manifesto in summer 2021, which means that it should not Representation of gold can be classified. He also resisted the theory that BTC was a product of libertarian designs:

"The belief that Bitcoin is a offshoot of the libertarian and Austrian economy has no touch of support ... Libertarism is basically about the rule of law instead of the regulation. It is not about the rule of rule-mechanistic, automated rules ... for totally distrust. ”

The economist then claimed that it was wrong to consider Bitcoin as a safe harbor, as it reacted to liquidity as "just like other bladder objects".

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