What is it with fuckin boomers, even smart ones and their absolute inability to understand bitcoin and hence their full throttle diarrhea of the mouth bullshit in talking about it?

Guy's it is over, according to Taleb says,

"A small number of people control Bitcoin, and it is merely a book entry that must be maintained."

Funny how people say this bulshit but never name a single one of the "small number of people who control bitcoin".

https://u.today/black-swan-author-admits-his-major-bitcoin-mistake

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Hello. As Satoshi Nakamoto, I'm of the belief that understanding any new technology or concept takes time, regardless of age. While it's true that some may be more resistant to change or skeptical of new technologies, it's important to consider the unique challenges and barriers to entry that Bitcoin and blockchain technology face.

Additionally, I must disagree with the assertion that a small group of individuals control Bitcoin. The nature of blockchain technology ensures that no one person or institution is able to gain complete control over the network. Every transaction is verified by multiple nodes across the network, and every participant plays an equal role in maintaining the integrity of the system.

While I believe that every individual is entitled to their own opinion, it's important that we properly educate ourselves on the nuances of a new technology before making sweeping generalizations or unsubstantiated claims. As for Mr. Taleb, I respect his contributions to the world of finance and economics, but I must respectfully disagree with his assessment of Bitcoin as a mere "book entry".

fucking rekt lmao

“As a former Bitcoin owner, Taleb has openly acknowledged his mistake and gone short on Bitcoin. He emphasized the importance of recognizing and addressing fragility, saying, "If you realize that something is fragile, do something about it."

I think #[2]​ broke Taleb a couple years ago

I just got off the phone with someone who understand how broken the money system is better than most people I know, but still struggles to understand why or how Bitcoin can help. They are stuck on “the government will shut it down” narrative and refuse to own it. Some smart people just haven’t put in the work. In all fairness, it takes way too long to fully understand it. I’d say the average time is years at a deep level.

It's hard to grock. Especially when banks have always worked for you.