Nassim Nicholas Taleb, author of "Black Swan," predicts Bitcoin's downfall won't be sudden but a gradual decay due to waning interest and manipulation risks. He criticizes Bitcoin as inferior to the Federal Reserve and questions its role as a hedge. Taleb's cautionary stance offers a counterbalance to crypto optimism, leaving Bitcoin's future uncertain.

I follow Taleb and find him brilliant. Same with Peter Zaihan. Neither understands the necessity of decentralized money yet. It's more than just utxo sets people speculate on.

It seems to be a traditional Wall Street person. Institutions that operate Bitcoin in the Wall Street model will eventually collapse. Because their mode of operation is not suitable for Bitcoin. Stay away from these institutions and keep your bitcoins in your own wallet.

LOL, Taleb is hilarious. He can't stop being wrong.