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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 378.35+2.7%4:00 PM EST

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marcher
To: TobagoJack who wrote (169816)3/22/2021 9:41:14 PM
From: carranza21 Recommendation  Read Replies (2) of 217648
 
Nassim Taleb is no longer a fan of BTC.

His reasoning is interesting: a proper currency shouldn’t be more volatile than the goods it purchases. This is a good point, but doesn’t take into account the fact that BTC is still in a period of price discovery itself.

news.bitcoin.com

Powell also made interesting comments today. As a store of value, he found it lacking for the obvious reason: extreme volatility. The tone of his comments was dismissive, which is a plus given the existence of regulatory risk.

aljazeera.com
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