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28 July 2021

Nassim Nicholas Taleb: Bitcoin Is Way Too "Fragile" | Live Bitcoin News

Nassim Nicholas Taleb: Bitcoin Is Way Too "Fragile" | Live Bitcoin News


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In a recent interview, he commented that bitcoin – without a government backing it up – has not managed to pick up speed and has failed to provide the decentralized financial space that people have been demanding.

The report further mentioned that assets like gold and precious metals were far stronger than bitcoin could ever be.

He commented that bitcoin ultimately dropped more than gold and the stock market in March of last year, thereby proving that it could never work in such a role.

Lastly, he mentioned that bitcoin was far too internet dependent, and he shuddered to think what would happen if there was ever an internet outage even on a local scale

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