"I think that we've had 15 years of Disneyland that basically has destroyed the economic structure," says @nntaleb. "You are hurting the economy.. creating tumors like #bitcoin. There was at some point such a thing as a discount rate. All these notions escape the new generation."
@SquawkCNBC @nntaleb Someone has penis envy
@SquawkCNBC @nntaleb Good endorsement from Taleb on #bitcoin!
@SquawkCNBC @nntaleb “Work” has no intrinsic value if money is continually created with QE. Those who fear recession are more concerned about asset deflation but forget the lower 50% have little to NO assets. Wage growth is their revenge. Wage to housing / food out of whack, needs reset.
@SquawkCNBC @nntaleb Nassim, in 5-10 yrs when hyperbitcoinization occurs, I’ll allow you to clean my toilets for bitcoin.
@SquawkCNBC @nntaleb Does gold have cash flow? BTC is a reaction to the failing financial system that the young grew up in. No mention of the failure of leadership and the rise of parasitism.
@SquawkCNBC @nntaleb Bitcoin does act like a tumor to the current economic structures. It puts in peril its livelihood.
@SquawkCNBC @nntaleb This 🤡 will never live this down, you can see how uncomfortable he is. The compensation he receives must be sufficient for his participation in the anti-#Bitcoin charade.
@SquawkCNBC @nntaleb Much respect to Nassim, definitely worth hearing his perspective, but Bitcoin & more broadly crypto, will actually soften the landing, as more cash gets stored away in those instruments, rather than circulating in the economy. Cash printing euphoria is the cause of inflation.
@SquawkCNBC @IAmMicMars @nntaleb So glad of his unrelenting take on BTC. I first heard of it as means of untraceable illegal transactions and stayed away, sounded like a con on first hearing, glad NNT did the math.
@SquawkCNBC @nntaleb Ol @nntaleb looking and sounding pretty fragile
@SquawkCNBC @nntaleb All publicity is good publicity Thanks for doing Satoshi's work 🙌
@SquawkCNBC @nntaleb Is this the same guy who did a prologue of a book on Bitcoin?
@SquawkCNBC @JamesMarsh79 @nntaleb Maestro explained it beautifully ;)
@SquawkCNBC @nntaleb CNBC, next time, please dedicate much more time for Nassim Taleb. His commentary is vastly superior to that of stock analysts and mindless senators. Thanks.
@SquawkCNBC @nntaleb Wrong...Fiat money and the money printer are the Tumor that fucked us all. #Bitcoin is the cure.
@SquawkCNBC @CNBC @nntaleb The correct answer is Tom Cotton voted NO on the CHIPS ACT.
@SquawkCNBC @nntaleb The only tumor i see is the one talking.
@SquawkCNBC @nntaleb @frank_thelen, dass ist das, was du meinst. Die Assetpreis-(!)inflation kommt durch Geldmengenausweitung und Nullzinsen zustande. Die brandaktuelle hohe Inflation ist hingegen wirklich zu 90%+ eine Folge gestörter Lieferketten und der Energieknappheit. Geldmenge nur geringfügig.
@SquawkCNBC @nntaleb Quick explainer on what discount rate is, anyone please? 🙏🙏🙏
@SquawkCNBC @nntaleb If #Bitcoin is a tumor it will kill the body of corrupt government.
@SquawkCNBC @nntaleb Bitcoin is to the dollar what chemotherapy is to a tumor.
@SquawkCNBC @nntaleb Given the higher interest rate is going to affect earnings via reduced profits, make bonds more competitive, I wonder if it's best to withdraw everything from the market, hold cash and wait for markets to fall. HMM
@SquawkCNBC @nntaleb Thank you Mr Taleb "The tumor of Bitcoin" by one of the sharpest minds in the universe
@SquawkCNBC @nntaleb Nassim Taleb discovers that the economy evolved to be made up of black swans only and is advising to look out for the rare white one. Did I get this right? 😂
@SquawkCNBC @nntaleb Is that Nassim "World Economic Forum" Taleb? New World Order shills HATE bitcoin lol