This Week in Bitcoin

Bitcoin and the ideas of Nassim Taleb - w Joey King


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Nassim Taleb saw that the financial system was way too complex for any one to understand. He succeeded as a trader by learning how to deal with uncertainty.

His work (check out all of Nassim's books on Amazon - https://www.amazon.com/Nassim-Nicholas-Taleb/e/B000APVZ7W/ref=dbs_p_pbk_rwt_abau)is quite popular within the bitcoin community. Joey and I thought it would be worthwhile to look at some of his ideas through lens of Bitcoin:

- the Turkey problem - Risk taking and iterative action - Mediocristan vs extremistan - Fat Tails and asymmetries - IYIs - Dr. John and Fat Tony - Lindy effect - Antifragility - Learn by doing and iterating

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