Black Swan' author Nassim Taleb says FedNow will put the crypto cult' out of business

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2023-06-09 20:41:39  • 2 mins

(Kitco News) - Nassim Taleb, the best-selling author of Black Swan and frequent crypto critic, spoke at the Bloomberg Invest 2023 conference on Thursday, and he didnt hold back when asked about his views on Bitcoin and other digital assets in the wake of the SECs recent actions against Coinbase and Binance.

I actually have been a critic of Bitcoin, he said. My principal reason is, guess what, it's not even good for money laundering! It is too traceable, you see. Gold you can re-melt bars, you can do something, but Bitcoin is a book entry somewhere that anyone with basic knowledge of statistics can triangularize.

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