Sunday Reading:

"If you see a fraud and don't call out a fraud, you are a bigger fraud."

Wise words from Nassim Taleb.

Ironically, Bitcoin has completely proven Taleb wrong—and yet his refusal to admit that, or even re-engage with the topic, is the exact opposite of what he championed in Antifragile.

Some might call the refusal to update one’s beliefs after new data… fraudulent.

That said, Taleb still offers deep wisdom in other domains. One of his best ideas is that people are fragile, but information is not—a critical frame when separating powerful insights from flawed messengers.

Many Bitcoiners are Antifragile, Fooled by Randomness, Skin in the Game, and Black Swan disciples. They know how to extract value from the work even when the author falters.

One of Taleb’s most valuable essays, "The Most Intolerant Wins: The Dictatorship of the Small Minority," is a cornerstone for understanding how Bitcoin and NOSTR win.

We’ll dive deeper into that claim soon.

But for now, as Taleb might say:

Unus sed leo — only one, but a lion.

Bitcoin and NOSTR don’t need mass adoption.

They just need their most committed users to be the most intolerant.

That’s how they win.

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Discussion

The Intransigent Minority made all salt Kosher

Now we're gonna do that to make companies all accept bitcoin

The Intransigent Minority made all salt Kosher

Now we can do that companies about accepting bitcoin

All it takes is like 4% of the population that wont settle for less.

nostr:nevent1qvzqqqqqqypzqzmh5ntvc8apj9y5fly9uvz4c7gd0xydnrwkye4tprx7zt93rldhqqs9k94zrymrntfcsqt4gdc92fz2wry77j0aferluetr3nes06qy48qr4g258

Taleb + Nostr = autozap

wondering if nassim taleb might be the only person ever to un-orange pill himself

It’s possible. I think about that and not sure if I know anyone else who has.

I highly suspect this nincompoop was never truly orange pilled. He never did the many hours of deep dive immersive research that consumed most bitcoiners - the once you see it you can't unsee it type ish.

Likely

LFG!

If someone is incompetent, it’s important to point out to them their incompetence or they will continue to act incompetently.

We are on the decline because this is not happening.

Stupid people are dangerous.

More often than not they are mean when you get close to proving this to them. You just have to be able to change your mind in front of new data and I can’t think of you as stupid. That’s the bar. That’s it. They would rather fight than change their mind.

Correct.

Pain is what changes people. Sometimes…

It’s so wild this guy wrote the original foreword to the Bitcoin standard. He got sensitive when @saifedean called out the Covid and mask hysteria. Taleb lost his marbles and then Saif started calling him “Aunty” Fragile.

🥂