⸺ Obituary · August 29, 2023 ⸺

“Black Swan" Author Slams Bitcoin as a Fad”

U.Today

Nassim Nicholas Taleb

Photo: Sarah Josephine Taleb (CC BY-SA 3.0), via Wikimedia Commons

“My experience is that, after a fad withers away, those who were blindly promoting it will claim that they knew it all along; it was clearly predictable.”

Price at death

$27,721

Today

$61,577

Resurrection

×2.2

On 2023-08-29, Nassim Nicholas Taleb (Essayist, Scholar, Former Trader) declared Bitcoin dead via U.Today. Bitcoin was trading at ~$27,721 at the time. The call joins the growing canon of premature obituaries.

The declaration was catalogued on August 29, 2023, when one Bitcoin traded for approximately $27,721. Since then, Bitcoin has appreciated by 2.2× relative to the price on the day U.Today pronounced it finished.

Read the original →

← Earlier death

““So Long For Crypto” - Bitcoin And Digital Assets Might End As A Fad If Institutions Allow”

Later death →

“Warren, Marshall, Casten, 100+ Lawmakers Ask Biden Administration to Address Crypto-Financed Terrorism After Reports of Hamas Raising Millions in Crypto to Fund Operations”

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