Citing Donald Trump’s NFTs, Nassim Taleb again attacked the cryptocurrency industry. According to the writer, this is one “untapped niche of stupid people”🇧🇷 He went further and likened it to a slap.
His attack also targets Bitcoin investors. After all, the image shared by Taleb is a tweet from Michael Saylor saying that the “Bitcoin is the eternal light”🇧🇷
Famous for writing several books such as The Black Swan and Antifragile, Taleb has become one of the most famous critics in this industry. Ácido even told the maker of Ethereum last month to keep his mouth shut when it comes to financial matters.
Trump, scams and Bitcoin
Both the bankruptcy of several companies and the fall in the price of cryptocurrencies are full points for Nassim Taleb to criticize the industry as a whole.
This Friday (16) the writer returned to talk about the subject. This time, he shared a tweet from Michael Saylor, comparing scammers to Bitcoin exchanges and also to former US President Donald Trump.
“The genius of Trump, Nigerian scammers and bitcoin peddlers stems from the realization that there is a huge untapped niche of stupid people, so stupid that the dumber your argument is, the more they will fall in love with you.”
“Normal, rational people have too many inhibitions to play this game”concludes Taleb.
The genius of Trump, Nigerian scammers and bitcoin peddlers stems from the realization that there is a large untapped niche of stupid people, so stupid that the dumber your argument is, the more they will fall for you.
Normal and rational people have too many inhibitions to play that game. pic.twitter.com/Me4dkCsmvV
— Nassim Nicholas Taleb (@nntaleb) December 16, 2022
As for bitcoin peddlers, Taleb is most likely referring to cryptocurrency exchanges. After all, a few weeks ago he even said that Coinbase, the largest brokerage in the US, was worthless.
Finally, other people’s comments on your post show the diversity of opinions. While some defend Bitcoin (and even disagree with Saylor at the same time), others agree with Taleb.
In short, Nassim Taleb believes that everyone is dumber than him, which shows that he has an ego as big as Donald Trump, who appears digitally to promote his collection of NFTs dressed in a superhero costume with a ripped body.
Source: Live Coins
Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.
