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IPFS News Link • Bitcoin

Nassim Taleb: Almost All Bitcoiners Are "Total Idiots"

• Turner Wright

According to a tweet posted by Nassim Taleb on June 21, Bitcoin (BTC) is a good idea but "almost all bitcoiners are total idiots." 

Taleb was exchanging posts with self-described "Bitcoin maximalist" Giacomo Zucco. He challenged Taleb's views on imposing central planning by bureaucrats and politicians with "no skin in the game" as the best risk management strategy.

The former Wall Street trader turned risk engineering professor has labeled himself a localist, a "libertarian for higher levels of central government."

Libertarian views on Bitcoin

Despite the push for many countries to create central bank digital currencies, there are many in the crypto community who see Bitcoin as a way to break away from traditional financial establishments. 

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