{"id":43427,"date":"2021-05-30T19:42:24","date_gmt":"2021-05-30T16:42:24","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43427"},"modified":"2025-08-31T03:37:42","modified_gmt":"2025-08-31T00:37:42","slug":"nassim-taleb-calls-bitcoin-a-mega-ponzi-scheme","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/nassim-taleb-calls-bitcoin-a-mega-ponzi-scheme\/","title":{"rendered":"Nassim Taleb calls bitcoin a ‘mega-Ponzi scheme’"},"content":{"rendered":"

The philosopher and author of The Black Swan, Nassim Taleb, has again described bitcoin as a Ponzi scheme.<\/p>\n

<\/p>\n

\\\"Nassim<\/figure>\n

“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,” \u2014 Taleb wrote.<\/p><\/blockquote>\n

For unknown reasons, the critic of digital gold soon restricted access to his tweets.<\/p>\n

Taleb had already called<\/a> 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.<\/p>\n

In the summer of 2020, Taleb called the overwhelming majority of bitcoin maximalists amoebas<\/a>. <\/p>\n

Earlier this year, the philosopher said he had sold his bitcoins and stated that digital gold did not materialize as a means of payment<\/a> due to high volatility.<\/p>\n

Subscribe to ForkLog news on Twitter<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

Nassim Taleb, the philosopher and author of The Black Swan, has again described bitcoin as a Ponzi scheme.<\/p>\n","protected":false},"author":1,"featured_media":43428,"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":[1649],"class_list":["post-43427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nassim-taleb"],"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\/43427","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=43427"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43427\/revisions"}],"predecessor-version":[{"id":43429,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/43427\/revisions\/43429"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/43428"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=43427"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=43427"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=43427"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}