Apr 24 2021

Bitcoin is an ‘open Ponzi scheme,’ says ‘Black Swan’ author

published by Liam Frost
in blog CryptoSlate
original entryBitcoin is an ‘open Ponzi scheme,’ says ‘Black Swan’ author

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Well-known risk analyst and “Black Swan” author Nassim Nicholas Taleb seemingly changed his previously positive attitude toward Bitcoin, calling it a “gimmick” and an “open Ponzi scheme” during an interview with CNBC’s Squawk Box yesterday. “[Bitcoin] has characteristics of an open Ponzi, everybody knows it’s a Ponzi,” Taleb said....