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Taleb throws out controversial opinions for no other reason than that his brand is having controversial opinions and it keeps his name in circulation.
by anm89 5y ago
Taleb throws out controversial opinions for no other reason than that his brand is having controversial opinions and it keeps his name in circulation.
- dragonwriter 5y ago> Taleb throws out controversial opinions for no other reason than that his brand is having controversial opinions and it keeps his name in circulation. That’s true in general, but not particularly relevant here (except perhaps to demonstrate that this is a statement inconsistent with his reflexive pattern) because “Bitcoin is a tulip bubble without the aesthetics” is a pretty mainstream opinion, if one that a lot of mainstream proponents of have softened on (it is pretty close to Krugman’s position before that softened to a “a cult that can survive forever”.) Actually, given his “not-bearish” line, which suggests he isn’t predicting imminent demise, only that is irrational to be on either side, his position seems like (despite that one line sounding like Krugman’s old position) it is actually identical in substance to Krugman’s more recent opinion: bitcoin has no fundamentals holding it up, but an indefinite supply of cultists that makes it unsafe to predict it going down at any particular time.
- m3kw9 5y agoThe believers propping up btc is actually buying it more time till it gets actually massively useful as promised.
- TomVDB 5y agoDid he say anything controversial?
- tartoran 5y agoI don’t think he said anything new at all. Talking about bitcoin when it hovers around all time high, especially for a personality like NT is a sure way to call for attention. But the message is not something that hasn’t been told hundreds of times