<

“Black Swan” Author Nassim Taleb has slammed Bitcoin for its volatility

Nassim Nicholas Taleb, who previously worked as a risk analyst and options trader, best known as the author of “Black Swan,” views Bitcoin less than optimistically, claiming that he has been getting rid of his holdings.

Taleb’s logic keys in on Bitcoin as a currency, not a store of value — though the latter has redefined the digital asset’s role in some ways in recent years, at least according to multiple crypto industry players.

Bitcoin is up almost 25 percent over during this blockbuster week alone. Year-to-date, it has already soared 64 percent.

Yet, Taleb is convinced that the world’s largest cryptocurrency is a “failure” despite its historic gains.

Read more:

Follow us on Telegram

Follow us on Twitter

Follow us on Facebook

You might also like

LATEST NEWS

LASTEST NEWS