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Title: FIAT is Fragile - Is Bitcoin the Anti Fragile Opposite (regs to Nassim Taleb)? Post by: hv_ on February 06, 2016, 01:31:12 PM FIAT is designed to lose value by time and end up in massive inflation, so it's fragile and WILL disapear by Black Swan.
Bitcoin looks like the very opposite to me and must hype. (Anti - Black Swan ) N Taleb says you only need to invest less than 10% into the Anti-Fragile and start the waiting game at the very bar bell... Anybody agree ? Did I get sth. wrong? When comes the Swan ? I'd just to think of all BTC price predictions made in FIAT, so BTC = 1000000 USD is very real with that. (In Zimbabwe Dollar we reached by far) -> This is no invstement advice! Any yes - I've skin in the game. - Thanks Nassim! -> I like also his comments about the Doers vs. Talkers.... Title: Re: FIAT is Fragile - Is Bitcoin the Anti Fragile Opposite (regs to Nassim Taleb)? Post by: blunderer on February 06, 2016, 01:41:58 PM FIAT (all caps) Italian: Fabbrica Italiana Automobili Torino
http://bestcarmag.com/sites/default/files/7176297163394.jpg fiat (lower case): https://www.colourbox.com/preview/2109992-100-dollar-bills-bill-currency-dollars-excess-god-green-money-rich-trust-usa.jpg Literacy: is important, kids. Title: Re: FIAT is Fragile - Is Bitcoin the Anti Fragile Opposite (regs to Nassim Taleb)? Post by: hv_ on February 06, 2016, 01:51:14 PM FIAT (all caps) Italian: Fabbrica Italiana Automobili Torino http://bestcarmag.com/sites/default/files/7176297163394.jpg fiat (lower case): https://www.colourbox.com/preview/2109992-100-dollar-bills-bill-currency-dollars-excess-god-green-money-rich-trust-usa.jpg Literacy: is important, kids. Hahaha - that's cool - just in terms of fragility ...... Title: Re: FIAT is Fragile - Is Bitcoin the Anti Fragile Opposite (regs to Nassim Taleb)? Post by: Amph on February 06, 2016, 03:26:48 PM fiat is still there only because there are people that want to be contorlled, and brainwashed to deathif people stop thinking like the masses and following the flock in the wrong way
we would have a successful bitcoin already Title: Re: FIAT is Fragile - Is Bitcoin the Anti Fragile Opposite (regs to Nassim Taleb)? Post by: SFR10 on February 06, 2016, 03:59:12 PM Anything has it's limit and by saying that, BTCitcoin is no exception to that as well so there's a point where it could be classified as fragile too but the chances of it to happen is a lot lesser than fiat. One of the things that could make BTCitcoin fragile is it's users and the way they decide to do with BTCitcoin so aside from this yes, BTCitcoin could somehow be anti fragile if those risks are eliminated.
Title: Re: FIAT is Fragile - Is Bitcoin the Anti Fragile Opposite (regs to Nassim Taleb)? Post by: hv_ on February 06, 2016, 05:08:11 PM Anything has it's limit and by saying that, BTCitcoin is no exception to that as well so there's a point where it could be classified as fragile too but the chances of it to happen is a lot lesser than fiat. One of the things that could make BTCitcoin fragile is it's users and the way they decide to do with BTCitcoin so aside from this yes, BTCitcoin could somehow be anti fragile if those risks are eliminated. It could be interesting to classify gold first - and bitcoin comes more or less the same - if its tech stuff is all solvable. Title: Re: FIAT is Fragile - Is Bitcoin the Anti Fragile Opposite (regs to Nassim Taleb)? Post by: PakistanHockeyfan on February 18, 2016, 07:08:30 PM Cryptocurrencies just happen to be fragile just as much as Fiat. Just in different ways, and this is what people need to understand.
Title: Re: FIAT is Fragile - Is Bitcoin the Anti Fragile Opposite (regs to Nassim Taleb)? Post by: seedtrue on February 18, 2016, 07:13:44 PM I think bitcoin markets are too easily manipulated for this. All it takes is some random large holder to make some anti comments and we see bitcoin drop 10%.
Title: Re: FIAT is Fragile - Is Bitcoin the Anti Fragile Opposite (regs to Nassim Taleb)? Post by: hv_ on February 20, 2016, 06:19:54 PM I think bitcoin markets are too easily manipulated for this. All it takes is some random large holder to make some anti comments and we see bitcoin drop 10%. I meant more from that point: If fiat has it's Black Swan than BTC goes to da moon.... |
