Taleb's argument is indisputable. When bitcoin failed as a payment system and became an income-free speculative asset then its terminal value is contingent on expectation of infinite greater fools and thus its present value cannot be anything but zero.https://arxiv.org/abs/2106.14204
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Yes, that's an entirely accurate description of their eschatology. Personally I consider that an irrational/crazy worldview, but from inside that perspective it does have a sort of internal consistency to it.
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I know most people in crypto are ponzi freaks, but i'm also completely certain we'll live without all the things you just mentioned, at some point.
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