On this day, 6 April 2023:

1 BTC = $28,000 USD

“Taleb has openly acknowledged his mistake and gone short on Bitcoin.”

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

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Discussion

Doubling down baby. 😆

Rekt

God he’s clueless 🙄

His ego is so huge too that he refuses to listen to any points outside what he already believes

Reminds me of Sam Harris

Ouch. Never selling to him until $10M.

What a fantastic reading experience this site offers

we loooove a pop-up attack

Just click ‘allow’ everywhere and you can start reading instantly.

The website hosting the content will start reading everything from you as well, but hey…! Nothing comes for free in life 🤓

Ahhmazing!!

same experience as Zerohedge tbh 🤦‍♂️even the anti-establishment are using the same flawed business model

Look forward to him admitting his mistake, again, a year from now.

I can't wait to watch this one play out 😄

Ouch that is going cost him

I don't know who this dude is, but he looks tough. Like a bodyguard or something.

I’m glad he finally found some courage is his convictions

My takeaway. No matter how intelligent you think you are, arrogance can cancel out the benefits.

Everyone used to love him and speak so highly of him. But every time he’s opened his mouth for the past 3 or so years. Hes become more and more obnoxious and easier to dislike.

Face mask didn’t help either. Total twat

Yeah that was obnoxious and he still is as a human. I haven’t read his books, but did buy a couple before he went on his whole tirade.

Whoever wrote his books is definitely long bitcoin

Bravo ⚡️

Wonderful! Let's revisit in a few years. Shorting #Bitcoin in long term worked so far zero times.

Did he really short? 😂

doesn’t quote him on it.

I wondered the same

Skin in the game but left on the pavement as bitcoin lifts off.

It's instructive to watch people who are affected by WHO says things about bitcoin vs their actual arguments. Friend of mine sent me Taleb's "takedown" of Bitcoin and it made me think less of Taleb than bitcoin. That coupled with his arrogance.

Thanks for link! I sent zap paid with Bitcoin ;-)

Impossible, according to this normie article.

```

Contrary to its original intent, Bitcoin has not delivered on many of its promises, such as being a transactional tool but instead has become a "speculative island," the Black Swan author says.

```

Yes, it's not possible. Bitcoin is a speculation tool!

I just sent you a ~~zap~~ speculative tool.

The world needs more such famous philosophers. The more of them there are, the more of their listeners, the lower the price of bitcoin will be and the longer the time, the more opportunities to buy it for those who understand a bright future ;-)

Damn, it fucking hurts to read 🤣

Still blows my mind that this dude wrote the forward to The Bitcoin Standard.

#[2]​ in 2 years

He will join the crowd of forced buyers in the next bull run. I don't speculate on bitcoin price, but what do you guys think the damage will be?

That must be the end so….sell your sats! 😉🧡

#[0]

Nice. We need some laughs these days.

Really just sad, isn't it? 🤦‍♂

"Respected thought leader"? Is this an April Fool's joke?

About time he put his money where his mouth is

So he sold BEFORE the 2021 big pump and he is telling us that he is short NOW? He will HFSP.

Finally getting words and actions in alignment. Great step

i love taleb's books more than most books i own, and reading them changed my life for the better

he is also an insufferable and miserable person

such is life, oh well 😅

Just yesterday Jim Rickards says the black swan theory was junk science. Seems like we’re seeing the fall of the relevance of Taleb.

His books were very interesting though. RIP Taleb’s Reputation.

What a dolt.

Lol this article is written so bad

He sed a long time ago that "bitcoin isn't good" and now he doubled down on that statement

Headline "He admits he was wrong"

Lol this article is written so bad

He sed a long time ago that "bitcoin isn't good" and now he doubled down on that statement

Headline "He admits he was wrong"

#[0]

Bitcoin is the quintessence of antifragility.

He overtly just wants more stacking time, like a lot of us!

Is Taleb the new Inverse Cramer? Or more of a Peter Schiff type troll? 🤔😅

It's not enough to to just not buy Bitcoin if you don't believe it has value, you must stand on the tracks and short it? Good luck...

#[2] Remind me in June 2025

Somebody should check on Taleb. His shorts must not be doing so well right now.

That headline will be one of the legendary mile markers we look back on as we approach infinity/21M