Bitcoin has gained significant media attention in recent days, in line with its price rise to nearly $50,000, the institutional implications of Tesla’s recent $1.5B purchase. Nassim Nicholas Taleb, who previously worked as a risk analyst and options trader, views Bitcoin (BTC) less than optimistically, however.
“I've been getting rid of my BTC,” Taleb said in a tweet on Friday, as reported by BNN Bloomberg. “Why? A currency is never supposed to be more volatile than what you buy & sell with it,” he explained, also noting: