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Nassim Nicholas Taleb, author of The Black Swan and other books on risk and probability is Bitcoin’s nemesis. A one-time supporter of the cryptocurrency he now calls it a “ ponzi scheme .” Taleb recently posted an analytical take-down of Bitcoin using concepts from quantitative finance. He hits hard.
Many features of Bitcoin’s downside are now familiar to the public and Taleb checks them off: Bitcoin wastes energy. Its transactions are slow, costly, and don’t scale to large volumes. “(Y)ou can instantly buy a cup of coffee with your cell phone,” Taleb says, but “you would need to wait ten […]
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We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.
We need help. I don’t want to say “desperately,” but the need is definitely great. If you have the means, please donate through our GivingFuel page, PayPal, or our brand new GiveSendGo page. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
JD Rucker
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JD Rucker – EIC
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