#Bitcoin #Covid #misinformation #conspiracytheories #NassimTaleb #BSslayer #Markets #InterestRates #CentralBanks
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RT @nntaleb
Translation of the interview in L'Express

Bitcoin is the Detector of Imbeciles:
https://link.medium.com/qEeOjvyvjwb
https://twitter.com/nntaleb/status/1610609234634510337

Cardano Founder Criticizes Nassim Taleb, Here's Why #Cardano #NassimTaleb https://cutt.ly/r2aON9m

Black Swan Author Nassim Taleb says Crypto Exchange, Coinbase is ‘Worthless’ - Acclaimed options trader and Lebanese-American author Nassim Nicholas Tal... - https://dailycoin.com/black-swan-author-nassim-taleb-says-crypto-exchange-coinbase-is-worthless/ #zzzeditorspicks #nassimtaleb #marketnews #zz_popular #zzznative #zz_index #coinbase #zz_top

Black Swan Author Nassim Taleb Calls Coinbase Crypto Exchange ‘Worthless’ – Here’s Why - Nassim Taleb, author of the best-selling book The Black Swan, believes Coinbase, the bigg... - https://cryptonews.com/news/black-swan-author-nassim-taleb-calls-coinbase-crypto-exchange-worthless-heres-why.htm #blockchainnews #coinbasepro #nassimtaleb #coinbase

#NassimTaleb tweet’d interesting observation: “as information quantity increases, signal to noise ratio decreases” (e.g. more noise.)

It illuminates things:

1) strengthens @adam ‘s #OTG recommendation
2) explains #YouTube ’s quality decline:

A) #Monetization policy change forced pro youtubers to radically increase content generation, chasing after ad revenue.

B) Signal to noise ratio degraded (“Read the news with Tim Pool vs #TimPool reporting on location from #noGoZone in Sweden.)

Telling my friend in Osaka to look up the idea #AntiFragile ( #NassimTaleb ) and as I often do when pretending to know something I also looked it up as a refresher.

On #bookOfKnowlege I saw the bit about #GreenLumberFallacy which seems an interesting contrast to the so called #DunningKruegerEffect

While I agree DKE is an observable phenomenon, I am suspicious of people who are fans of the idea.

As told by NNT himself:

https://nassimtaleb.org/2012/08/nassim-talebs-green-lumber-problem/#.XXbvniWRWaM

Fun #NassimTaleb tweetstorm on #IQ

https://mobile.twitter.com/nntaleb/status/1076845397795065856

TL;DR
IQ should be really called #SalarypersonQuotient as it measures the quality to be a good slave

Insightful as always.
http://www.econtalk.org/archives/2017/08/nassim_nicholas_1.html
Taleb talks with EconTalk host Russ Roberts about the manuscript version of his forthcoming book, Skin in the Game. Topics discussed include the role of skin in the game in labor markets, the power of minorities, the Lindy effect, Taleb's blind spots and regrets, and the politics of globalization.
#skinInTheGame
#nassimTaleb

#nassimTaleb on #virtueSignaling.
Excellent read. Insightful.

https://medium.com/incerto/the-merchandising-of-virtue-b548762658f0

It is immoral to be in opposition of the market system and not live (like the Unabomber) in a hut isolated from it

But there is worse:

It is even more, much more immoral to claim virtue without fully living with its direct consequences

AND

If your private life conflicts with your intellectual opinion, it cancels your intellectual ideas, not your private life

An excellent explanation/observation about why the intolerant are able to impose their requirements on the more tolerant (a lot of what we see, eg. our instance being banned, SJWs bullying good people and businesses to apologize) , why libertarian / laissez-faire policies are only implemented when the majority subscribe to those views.
https://medium.com/incerto/the-most-intolerant-wins-the-dictatorship-of-the-small-minority-3f1f83ce4e15

#nassimtaleb