{"id":37004,"date":"2021-02-25T10:51:57","date_gmt":"2021-02-25T08:51:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=37004"},"modified":"2025-08-29T09:17:17","modified_gmt":"2025-08-29T06:17:17","slug":"nassim-taleb-calls-bitcoin-supporters-amoebas","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/nassim-taleb-calls-bitcoin-supporters-amoebas\/","title":{"rendered":"Nassim Taleb calls Bitcoin supporters amoebas"},"content":{"rendered":"<p>The philosopher and author of the cult work &#8216;The Black Swan&#8217;, Nassim Taleb, again criticised supporters of the first cryptocurrency. According to him, they &#8216;think in binary form&#8217;.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">When you invest\/trade, you buy &#038; you sell; you increase\/decrease; you get stopped out\/take profits; you revise dynamically; you protect your tail; you walk away when needed to clear your mind.<\/p>\n<p>Bitcoiners &#038; amoebas think in binary form\u2026 &#038; are convinced others must be doing so.<\/p>\n<p>\u2014 Nassim Nicholas Taleb (@nntaleb) <a href=\"https:\/\/twitter.com\/nntaleb\/status\/1364260212606177284?ref_src=twsrc%5Etfw\">February 23, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote>\n<p>As soon as a person defines themselves as a supporter of Bitcoin, akin to national identity, it becomes an irreversible ideological obligation rather than an investment strategy. In fact, it is a religion. You &#8216;belong&#8217; to a group of amoebas,&#8221; wrote Taleb.<\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p dir=\"ltr\" lang=\"en\">2) And the minute someone defines herself or himself as a \u00abbitcoiner\u00bb like a national identity it becomes an irreversible ideological committment not an investment strategy.<\/p>\n<p>Actually it is a religion. You \u00abbelong\u00bb to a group of amoebas.<a href=\"https:\/\/t.co\/csFWhFKNjy\">https:\/\/t.co\/csFWhFKNjy<\/a><\/p>\n<p>\u2014 Nassim Nicholas Taleb (@nntaleb) <a href=\"https:\/\/twitter.com\/nntaleb\/status\/1364274045236236293?ref_src=twsrc%5Etfw\">February 23, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nWhen asked about the factors behind his change of attitude toward digital gold, he replied that no reasons were needed.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Do you need a *reason* to change your mind in investments?<\/p>\n<p>\u2014 Nassim Nicholas Taleb (@nntaleb) <a href=\"https:\/\/twitter.com\/nntaleb\/status\/1364271297925120001?ref_src=twsrc%5Etfw\">February 23, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nEarlier, Nassim Taleb had repeatedly supported Bitcoin and criticised the traditional financial system. In February 2019 he gave a lecture in Moscow, where he said the main task of the first cryptocurrency was to scare bankers.<\/p>\n<p>In the summer of 2020, Taleb described the overwhelming majority of Bitcoin maximalists as \u201ccomplete idiots\u201d.<\/p>\n<p>In February 2021, the philosopher said he sold his bitcoins and stated that digital gold <a href=\"https:\/\/u1f987.com\/en\/news\/nassim-taleb-bitcoin-failed-as-a-means-of-payment\">had not materialized as a means of payment<\/a> due to high volatility.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\"https:\/\/t.me\/forklogfeed\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The philosopher and author of the cult work &#8216;The Black Swan&#8217;, Nassim Taleb, again criticised supporters of the first cryptocurrency. According to him, they &#8216;think in binary form&#8217;.<\/p>\n","protected":false},"author":1,"featured_media":37005,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1649,1138,27],"class_list":["post-37004","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-nassim-taleb","tag-opinions","tag-russia"],"aioseo_notices":[],"amp_enabled":true,"views":"39","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=37004"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37004\/revisions"}],"predecessor-version":[{"id":37006,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/37004\/revisions\/37006"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/37005"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=37004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=37004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=37004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}