The philosopher and author of The Black Swan, Nassim Taleb, has again described bitcoin as a Ponzi scheme.
“When the bitcoin crash begins, we will witness the collapse of the mega-Ponzi scheme, surpassing $1 trillion. Each dollar of external ‘dumb money’ injected has created about $10 (from the closed system). When this happens, every $1 will try to leave the system,” — Taleb wrote.
For unknown reasons, the critic of digital gold soon restricted access to his tweets.
Taleb had already called the first cryptocurrency a Ponzi scheme. Notably, prior to that he had repeatedly supported bitcoin and criticized the traditional financial system. In February 2019 the author of The Black Swan gave a lecture in Moscow, where he said the main task of the first cryptocurrency was to scare bankers.
In the summer of 2020, Taleb called the overwhelming majority of bitcoin maximalists amoebas.
Earlier this year, the philosopher said he had sold his bitcoins and stated that digital gold did not materialize as a means of payment due to high volatility.
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