Nassim Taleb, creator of “Skin in the Game”, got into a little Twitter quarrel in which he clarified that most financial specialists can’t comprehend the subtleties of a cryptographic money like Bitcoin.
As indicated by a tweet posted by Nassim Taleb on June 21, Bitcoin (BTC) is a smart thought however “practically all bitcoiners are complete morons”.
Taleb was trading posts with self-portrayed ‘Bitcoin maximalist’ Giacomo Zucco. She tested Taleb’s perspectives on forcing focal arranging by officials and legislators with ‘no skin in the game’ as the best hazard the executives technique.
The former Wall Street trader turned risk engineering professor has labeled himself a localist, a “libertarian for higher levels of central government.”
Libertarian views on Bitcoin
Despite the push for many countries to create central bank digital currencies, there are many in the crypto community who see Bitcoin as a way to break away from traditional financial establishments.
Some early BTC adopters like Roger Ver have been staunch proponents of ibertarian economics. Cointelelegraph also reported in April that a libertarian think tank criticized the U.S. Securities and Exchange Commission for stretching regulations in an apparent attempt to regulate cryptocurrency.