Crypto-utopianism – Talebiblia

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ABOUT TALEBIBLIA

Talebiblia is a fan site devoted to Nassim Nicholas Taleb, created by Smiljana Skiba. It features a compilation of Taleb's most intriguing social media screenshots and interviews for readers to enjoy and explore. The website provides a resource for anyone looking to gain insights into Taleb's works, whether they are a dedicated reader or a curious newcomer.

Please note that Talebiblia is an independent website and is not affiliated with Nassim Nicholas Taleb in any manner.

Many thanks to Lucia Simeoni and Ashok Atluri for their invaluable assistance in creating and maintaining this website.

To stay up to date with Talebiblia's latest developments, follow Smiljana on Twitter @MasaSkiba

Being “cancelled” by the harassing low-intellect psychopaths of the crypto community (who will now boycott my feed) is equivalent to being “cancelled by thieves who now refuse to burglarize your house”. And this idiot manages to get >1000 crypto to like this.

FACT DU JOUR BTC is a hedge for … deflation. It is an awkward, clunky & already obsolete product of low interest rates. It should collapse with inflation. The narrative is flipping. Who will have the balls to NOT raise rates?

YEAR IN REVIEW 2021, my Bitcoin paper. You must change position if what you see doesn’t map to what you expected. I liked the concept until I realized the digital currency w/o govt I had in mind did not pan out: it had mutated into an open-Ponzi sch.

So looks like 1- Bitcoin is no hedge for adversity 2- Bitcoin is no hedge for inflation 3- Bitcoin is no hedge for deflation 4- Bitcoin is no currency 5- Bitcoin is nothing

People in crypto now discovering “wash trading”, basically trading with yourself in a disguized way to mark prices higher or “paint the tape”. Finance requires experience & a minimum of sophistication Bitdiots don’t seem to want.

A book is something you own; you can give it to someone else. It is an asset. An app or an electronic boon you don’t own; you can’t transfer them; they’re not assets. (Frm @EconTalker ) Likewise contracts on blockchain depend on the maintenance of the blockchain. Discuss. Bank accounts may be electronic but they are backed by a legal system not by a college of miners. 3) Further, bank account are for “currencies”= current, betw transactions, not stores of value beyond liquidity buffers. Cryptos are vehicles for price appreciation, not same category. And no, the blockchain is not DECENTRALIZED, a mistake I made.

Note of the day: bitcoin may interest some for speculative purposes but anyone who claims that #bitcoin is a 𝙝𝙚𝙙𝙜𝙚 against anything, financial or otherwise, is a certified fraud.

Society is imperiled by utopianista bureaucratic empty suits and utopianista #Bitcoin empty brains. Do you think for a second I did not give it to those who need it?

Smart contracts are neither smart nor contracts. Replace “smart contracts” with “dumb subroutines” and check if the designation is not much more descriptive. Yes, as back office tools. They are just computer code. But not on the blockchain. After a long and hard thinking, I am coming to realize that if you don’t trust anyone you should go live in the wilderness. Never board a plane; never buy food from anyone; never marry…

Bitcoin has been a magnet for imbeciles. I changed my mind ABOUT #BTC. But changing one’s mind doesn’t count if it is in the opposite direction. (PS. I am only partially #Academic)

Talebiblia is a website for devoted fans of Nassim Nicholas Taleb, created by Smiljana Skiba. It features a compilation of Taleb's most intriguing social media screenshots and interviews for readers to enjoy and explore. The website provides a resource for anyone looking to gain insights into Taleb's works, whether they are a dedicated reader or a curious newcomer.

Please note that Talebiblia is an independent website and is not affiliated with Nassim Nicholas Taleb in any manner.

Many thanks to Lucia Simeoni and Ashok Atluri for their invaluable assistance in creating and maintaining this website.

To stay up to date with Talebiblia's latest developments, follow Smiljana on Twitter @MasaSkiba