'Black Swan' Author Nassim Nicholas Taleb Says Bitcoin 'Isn't Even Good' For Money Laundering
Portfolio Pulse from Mehab Qureshi
Nassim Nicholas Taleb, author of 'Black Swan', criticized Bitcoin in an interview at Bloomberg Invest New York 2023, stating it is not suitable for money laundering and calling it a cult-like financial product. He believes the crypto transaction narrative is no longer holding and that it is just a fad.
June 09, 2023 | 12:39 pm
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Nassim Taleb's criticism of Bitcoin may cause short-term negative sentiment among investors, potentially impacting its price.
Nassim Taleb is a renowned author and his criticism of Bitcoin may influence some investors' perception of the cryptocurrency. This could lead to short-term negative sentiment and potentially impact Bitcoin's price.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 100