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Bitcoin

“Get more Bitcoin,” says Rich Dad author warning of ‘biggest

American businessman and best-selling author Robert Kiyosaki is picking Bitcoin alongside precious metals gold and silver as a hedge against everything else, he said in a tweet today. The controversial ‘Rich Dad, Poor Dad’ author, whose book has sold nearly 32 million copies since its 2002 release, has previously voiced views against the macroeconomy and […]Read More

Bitcoin

Bitcoin is an ‘open Ponzi scheme,’ says ‘Black Swan’ author

Well-known risk analyst and “Black Swan” author Nassim Nicholas Taleb seemingly changed his previously positive attitude toward Bitcoin, calling it a “gimmick” and an “open Ponzi scheme” during an interview with CNBC’s Squawk Box yesterday. “[Bitcoin] has characteristics of an open Ponzi, everybody knows it’s a Ponzi,” Taleb said. “Basically, there’s no connection between inflation […]Read More

Bitcoin

Black Swan Author Is “Getting Rid Of” His Bitcoin, Here’s

Bitcoin price is trading near $50,000 and the uptrend appears to be just now getting under way. So why then, is the author of the Black Swan, Nassim Nicholas Taleb choosing now to sell his BTC? His credentials also include options trader, mathematician and risk analyst. Is his warning something investors should seriously heed – or has […]Read More