reply on: The Black Swan Author Skewered by Joe Kernen \ stacker news ~bitcoin

0 sats \ 6 replies \ @zx 6 Aug \ on: The Black Swan Author Skewered by Joe Kernen bitcoin

When was the last time you bought a newspaper with gold.

Exactly! If you are going to talk about how great gold is over BTC because you cant do anything with it then tell me when is the last time you spent gold on something lol

0 sats \ 4 replies \ @kepford 6 Aug

Taleb isn't this dumb. Its his arrogance clouding his ability to speak rationally. There are many men that are hindered by pride. We all are susceptible but the bigger your name gets the easier it is for you to be blinded by pride.

0 sats \ 3 replies \ @zx 6 Aug

Back in 2020, I remember hearing him opine on the need for isolation to effectively stop the transmission and prevent global catastrophe. I feel ashamed to have not read Taleb yet, and I'm sure he knows what he's talking about when it comes to stats, math probability. Still, I feel he's unable to understand certain premises.

I always assumed he's overspecialized. Maybe it's more like you say, I don't feel he was very comfortable in this, and who would be, surrounded by media pundits, goading him to admit his previous calls were not exactly on the money.

Maybe it's pride, like you say.

55 sats \ 0 replies \ @Cje95 OP 6 Aug

What was odd to me was this wasn't the first time that he was commenting on BTC to these two people. As Joe Kernen said he had said it was trash when it was at $30k and if he had listened to him when he said that he would have missed the $30k upside.

I assume he is a certain type of trader and within that element he is good. When you have gone and will continue going on these types of shows and make comments again and again that are just dumb I wonder how smart you are given how the economy is significantly changing right now.

0 sats \ 1 reply \ @kepford 6 Aug

Dave Ramsey is another guy that has this issue. He is no where near to the intellect of Taleb but he has said many foolish things about bitcoin. Only arrogance will allow a person to make bold statements in public about a subject that you know little about. I will give Ramsey this. Recently he has been pressed on Bitcoin and admitted he doesn't have a deep understanding of it and why he has no desire to take the deep dive.

People that are ignorant of a subject can talk about it but they need to acknowledge their lack of knowledge. A massive percentage of people just mimic public figures like these guys. Being a public figure is a big responsibility. It should humble men but it tends to do the opposite. Honestly, fame should scare the crap out of people. Having a platform is massive responsibility.

55 sats \ 0 replies \ @Cje95 OP 6 Aug

Ramsey is soooo full of himself. I feel like if you are starting out on your own his core principles are not the worst thing in the world but as you grow and have to start making bigger and bigger decisions his methods do not work as well.