- “Black Swan” author Nassim Taleb doubled down on his criticism of cryptocurrencies.
- “It’s not even good for money laundering,” Taleb said, adding that bitcoin has turned into a cult.
- The essayist has long been vocal about his dislike toward the crypto world, comparing bitcoin to a “tumor” in the past.
“Black Swan” author Nassim Nicholas Taleb doubled down on his criticism of the digital-asset industry, saying bitcoin is no haven and doesn’t even serve a purpose for money launderers.
Bitcoin investing has transformed into something of a cult – and such behavior typically doesn’t go well with the pragmatic world of money, the statistics guru and former options trader said during the Bloomberg Invest conference on Thursday.
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