The author of 'Black Swan' satirizes Coin An: Worse than the Mafia

Nassim Nicholas Taleb, the author of the best-selling book Black Swan, responded to a tweet from Changpeng Zhao, CEO of Coin Security on Tuesday and compared Bitcoin with the Mafia. He thought that Bitcoin was worse because the Mafia would provide some form of "protection" after collecting Protection racket, and investing in Bitcoin would ultimately cost nothing.

After being sued by the US SEC, Changpeng Zhao launched a public opinion survey on Twitter and asked his followers: who can give you more protection from the SEC and Coin An?

A user with the account name OferRubin forwarded the screenshot of Changpeng Zhao's tweet and commented that "not all fools make Cryptocurrency, but all Cryptocurrency people are fools".

Taleb responded to this tweet by writing: "The main difference between Bitcoin and the Mafia is that the Mafia tends to fulfill its promise of providing protection

The criticism of the Taleb compared to the coin is not new. He once called Bitcoin "an open Ponzi scheme" and "a failed currency", and called it "an idiot magnet" and "a fool detector". His remarks reflect his belief that Bitcoin is not a reliable hedge against economic uncertainty, and its value is more affected by these events than supporters of Bitcoin as a hedging tool may think.

In a recent interview, Taleb claimed that even if there were a vicious inflation event, Bitcoin could still return to zero because there was no connection between the two. He acknowledged that this is "a beautifully crafted encryption system" and "well crafted," but reiterated that "there is absolutely no reason to associate it with anything in the economy

Works sourced from the financial sector's US stock channel are all copyrighted works and are prohibited from being reprinted by any media without written authorization. Otherwise, they will be considered infringing!