'The Black Swan' author Nassim Taleb on bitcoin: Not a hedge against your assets melting
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- เผยแพร่เมื่อ 9 ก.ย. 2024
- Nassim Taleb, Universa Investments distinguished scientific advisor and ‘The Black Swan’ author, joins 'Squawk Box' to discuss the latest market trends, what to make of the market sell-off, the Fed's inflation fight, interest rate outlook, bitcoin's volatility, and more.
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What's the point of having a guest if you're not going to let him talk and complete a full thought?
Literally all they do on this network. These guys are clowns.
Why inviting guests if you are going to interrupt them in every sentence… Extremely unprofessional guy
😭
Yeah that was so irritating, cryptobros tend to shout down the opposition, it’s part of the cult training
no the host actually had a backbone and called him out for his incorrect narrative which is why this black swan guy tried to change the su ject and his reason for not liking it which he called callled out for too 😂. I love it.
Joe is always like that. He is a rude guy who interrupts every guest and never listens to them. CNBC is stupid for keeping him on.
@@Dannnnn375 shout down the opposition; it’s part of the cult training.........
So true because Bitcoin is not an asset but an algorithm in a computer with no relation to anything.
Joe seems particularly triggered
You call him "triggered" because he's responding and engaging.
Shows what a tool you become using the comments section on YT. A little girl's comment.
Depends on your finances . 1000$ in NVDA200K is 4000 NVDA200K if it goes to 50% of ath in 2024 thats a 600% gain. If it goes equal to ath . Its a 1200% gain.
BOOOOOOO`T
He is a very smart guest . I wish you would let him talk .
No danger Joe got over excited
Well, what makes me an outlier I guess! I am 57 year-old English immigrant, with zero interest in technology, and yet I am 110% committed to Bitcoin. I would describe myself as an extreme conservative/libertarian. I have been involved in UK politics for some time, and the main thing that drove me to study Bitcoin and ultimately recognise its value to Humanity was the threat posed by an over-weening government, first in the UK and lately in the US also. I regard the CBDC as the final brick in the wall of the totalitarian prison the world's governments are building for us. And Bitcoin is the ultimate defence against a tyrannical government.r.....I've been engaged in active trading and managed to grow a nest egg of around 2.3Bitcoin to a decent 24Bitcoin....I'm especially grateful to Aldona Šabanienė, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
She mostly interacts on Telegrams, using the user-name.
@AldonaSabaniene.
Trading with an expert is the best strategy for beginners and busy investor s who have little or no time to monitor their trades.
Nice info, i appreciate your concern this will help a lot especially to the young bitcoin investors who have no or lesser knowledge on how bitcoin market works.
It was quite challenging to understand the different trends on my own until i found out about Aldona. Trading made easy.
lol Btc Cloud Stack is the best thing that has ever happened to newbies in the crypto world
facts
Nope all the best profit is been had already in the early days BTC paid for my car and house cash , nowadays I make around 70 percent a halving
you should try using Btc Cloud stack
wow so you guys use them too??
i use them too , one of the best thing to happen to me.
Who else is watching this and making so much profit with BTC Cloud Stack
me right now
as a newbie to Bitcoin mining, Btc Cloud Stack changed my life.
A lot of people are just talking about this service,what can an investor make from this service monthly?
$10k monthly, but it depends on the plan you purchase with them
Oh wow, I am going to get started with them now. I am also new to bitcoin investments like this , and this looks much easier
Don't let Nvidia's NVDA200K pass you by. This is a monumental moment in history, and you don't want to be left out of the loop. Get in on the ground floor now!
BOOOOOTTTTTT
That cross talk is hard to listen to. Broadcasting is not cross talking.
Start early with diversified investments in Bitcoin, stocks, bonds, and real estate. Maximize contributions to tax-advantaged accounts like 401(k)s and IRAs. Regularly review and adjust your strategy to ensure security
I feel sympathy for our country, low income people are now suffering to survive yet inflation and recession keep increasing daily, many families can't even enhance the good cost of living anymore. You've helped me a lot Sir Brian! Imagine I invested $50,000 and received $190,500 after 14 days
Very possible! especially at this moment. Profits can be made in many different ways, but such intricate transactions should only be handled by seasoned market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Finding yourself a good broker is as same as finding a good wife, which you go less stress, you get just enough with so much little effort at things
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
Black swan author watches hosts debate each other…
thanks for bringing up NVDA200K pair - Watching all your videos when I get notified
BOOOOTTTT
Joe is definitely the "Squawk" in Squawk Box. Won't let the guest speak. Won't shut his mouth. When he retires I'm throwing a party.
you work for 40yrs to have $1m in your retirement, meanwhile some people are putting just $10k into trading from just few months ago and now they are millionaires..,
yep....get it while it's hot and welcome to the millionaire club,,
the thing about being successful is working towards it smartly and not just talking about it
i've been trying to trade but i keep making losses and it's frustrating
Trading is easy, but trading the right coin without a time-tested strategy of a broker is incredibly hard.
that's true, a lot of people today have been
having tons of disappointments in forex and crypto trading in light of helpless direction and awful specialists,,..
I realized that the secret to making a million is saving for a better investment. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money investing. For example last year I invested 80k in stocks and made about $246k, but guess what? I put it all back and traded again and now I am rounding up close to a million
You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
I have made quite a stride invest|ng on my own but I am aware of the benefits of consulting with a professional but haven't found one yet
I made a lot of mistakes at the beginning of my journey
I will advise you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you i think that way your assets are more secure
I wish he'd let Nassim talk
sometimes watching all this just breaks my heart that no one is talking about BTC Cloud Stack.
Joe gets excited and won't have a conversation.
We need more bag holders
In your last two videos you suggested Btc Cloud stack , i must say I am impressed with there quality of payouts
Dude how much gold have you used to buy something
Nobody is clicking on a video to hear Joe speak but he always does his best to speak more than the interviewee.
The official swaps in By-bit has lagged!
I just put up video to show this
When you swap it gives you almost x8 money.
Jesus let the man speak!
I don’t think Jesus was there
Joe needs to go
If you are not letting the man speak, why invite him to speak?
Bitcoin is not a hedge it’s a solution to this financial crisis wait and see ladies and gentlemen
😂😂😂 nope
Unless a person has a 140+ IQ AND has put at least 100 hours into studying Bitcoin, they probably don't understand it. I had to spend thousands of hours before it clicked in my brain.
@@kenb5279youre still clueless mate
fiat is going to 0
Started off with Doge but it wasn’t long before I understood it’s Bitcoin only going forward
Joe‘s constant interruption of the interviewee is super annoying.
CNBC really scrape the bottom of the barrel with the hosts.
Why they interrupt each other?
Let the guy talk, for God's sake
Joe Kernan keeps talking over Nassim Taleb to prevent him from making his point.
Can they fire Joe already? He interrupts every guest they bring on to bring up his own opinions. These guys are experts. Let. Them. Talk.
Nassim is 100% right, Bitcoin is just a speculative asset, not a currency or a hedge
He's Right, if not articulate.
Bitcoin is not a hedge, bc it craters when securities drop. It's not useful as a currency bc it is too volatile.
Can you make money speculating with it, Of Course. but you can do that with anything
It will stop being volatile when its market cap starts to approach the market cap of the dollar. That is when the dollar is effectively dead and people will actually start using Bitcoin.
There is no such thing as a "Hedge" during a liquidity squeeze. No one, worth their salt, has ever said that Bitcoin is some sort of "Inverse stock" hedge.... where do you morons get this from?
About, the Lebanese Pound??? 😅😆😂🤣
@@chingron Ha Ha Ha, you Bitcoin Nuts never fail. the US Govt will Ban Bitcoin if it ever becomes a threat
Correct sir 👌🏻🥂
This old man anchor needs to retire 😂
Fire him already
JOE IS SO ANNOYING!!! LET NASSIM TALK!!!! FIRE JOE!!!
Man… I was hoping to hear NNT speak but instead the talking heads have 70% of the whole 5 minutes… really badly moderated!
Joe doesn't have the financial knowledge to be a host on CNBC. Nassim doesn't believe BTC has any true value doesnt mean he is saying it will go to zero. He's only saying its unpredictable and is now a speculative assets not money. And Joe please close your mouth and let the wise man speak.
It is 2024 and people still do not understand bitcoin
I know, it’s crazy. I think at the end of cycle when it’s eventually hits six figures there will be a lot more believers.
Taleb NEEDS to go to JRE. He'll let you talk!
From $37K to $45K that's the minimum range of profit return every week I thinks it's not a bad one for me, now I have enough to pay bills and take care of my family.
Please where and how did you earn that much.
Please how do I go about it
I'm still a newbie on investment trading and how can I make profits.
I would really love to know how much work you did put in to get to this stage.
All thanks to LEO CLIFFORD
**Leo Clifford is a licensed broker and a FINRA AGENT here in the States.*
can you let him talk pleasssssseeeee?
:D
"Everyone gets a bitcoin at a price they deserve" - can't remember who said it..
This was embarrassing to watch. Invite someone to your show just to NOT LET THEM TALK? I really wanted to listen to the guy, but the news anchor or whatever its called in the USA kept interrupting.
Just WOW👎
Summation: “Angry man yells at Bitcoin”
How the hell do they think this is remotely watchable or good tv? What the hell are the show directors doing?
Joe is such a sick
Great insight Mr. TALEB.😅
People view things so short term nowadays it's just insane.
Weird to make an argument for value with an appeal to longevity and then "buying a newspaper" lol they are so desperate
I could not finish the video because of the interruptions! Let the dude talk!
Joe for president. Not Biden. Joe Kernen.
CNBC person, not Sorkin the other one, keeps interrupting the guest. That is terrible.
Can anyone explain why they are not letting him speak?
arab guy
How much gold have you used to buy newpapers ? Today
The inherent value of bitcoin is the amount of energy that is consumed to maintain it's digitized currency status. And that in itself is a deficit.
the chemistry between Taleb and Kernen is sizzling.
Silly man doesn’t understand that being in bitcoin for 5 years = 700% return. A 25% dip isn’t “asset melting” ….guy doesn’t understand
his bank account is proof you don't know what ur talking about. He's the author of the most cited book of the 21st century.
No it isn't as that is the gross earnings percentage if you sold at every top and bought every bottom which is impossible
YOU USE LOGS IN FINANCE YOU !!!!DIOT
@@Koi-addict33 no bro. Look at 5 year bitcoin chart. When bitcoin was 70k. It was 700%
Just goes to show you that just because you authored a book doesn’t mean you’re smart.
Unbelievable there are still people that are supposedly financially experts that don't see the value of Bitcoin
Taleb is part of the mainstream, he'll never get it. Joe is the GOAT
Wow, can't believe how clueless these guys are about Bitcoin. They are trying to fit it into their traditional knowledge of economics.
Can we please reduce the cross talk, let people finish their sentences. Thanks.
Why invite a guest when you have to interrupt him every second?
2:37 I think only now I’m understanding his critique of bitcoin. Is the point is that bc it’s different than gold, its exposure to black swan events is not the same as gold. Meaning it could go to 0?
stop talking over Nassim
Versidium is paving its way through the presale phase, and I have a strong belief it's gearing up to be the next 500x gem.
Nassim Taleb, is correct
Joe needs to stop interrupting.
Versidium is a game-changer. I'm predicting it will hit $10 shortly after launching!
I regret having bought his book, will Amazon take it back 7 years later?
Honestly, yes 😂
this interview is a good reflection of America today, have someone on your show to speak, and interrupt them constantly and don't let them speak. Donald trump did that everyone
You interrupting the guy continuously is insufferable WTF?
There's no reason to have guests if Joe constantly talks over them.
They didn't believe Galileo when he told them the world was round
Joe constantly interrupts guests and doesn't allow them to share their thinking when he disagrees.
Let the guests fuxking talk
He should put his money where is mouth is & short put a leverage short on Bitcoin for the next 10 years
This show, for CNBC's Fish-market customers
Listening to you interrupt the guy over and over and over and over again is insufferable WTF
Nassim is right! At least Ethereum has a use case.
This was the most annoying interview with a guest ! Let the man speak OmG !
CNBC doesnt want to alienate thier sponsors :) by having someone with a different view.
The host needs to shut up and let the distinguished Professor say what he has to say. All knowledgeable considering he is TV host.
With Versidium, the power of crypto payments and investments is at your fingertips.
Nasim, please read more to understand bitcoin. I’d hate seeing you short it.
I don’t understand Bitcoin, but it’s definitely not good. 🤣
What a clown.
All BTC larpers needs to be called to a show when it hit 1million.
Bitcoin is inherently good. From a moral point of view.
@@chingron BTC is simple and complex at the same time
That rude host needs to be fired. If he read any of the guests books he would be more knowledgeable and possibly show some respect.
Diabolic journalism, not even having the decency to let the guest form full sentences! Thumbs down!
Taleb = Short term thinking
Gold is a material used to build components in several industries such the Aerospace industry.
The main issue is that the governments of the world can end crypto with a single mouse click. That's how stupid this whole thing is.
No they can’t. But you know what is stupid? They can create trillions of dollars with the click of a mouse and make you poorer through inflation.
I’ll stick with bitcoin over that joke…
The whole point of Bitcoin is that they can’t - it’s completely decentralized that’s the whole point.
@@chingron 100% the governments can end all crypto with a snap of the fingers.
@@worldsustainabilitymural3128 Go ahead and believe the government does not control the internet. And without the internet, crypto cannot be transacted/verified. That is how amazingly dumb people have become.
How much gold does Andrew own?
this was amazing, Joe crushed it
Long term its wortless.
No Internet, no crypto. Facts
Hope to see a debate nassim
And Saylor or Saifedean ammous!
Bitcoin's not a currency? since when? I cant spend it now is what he's saying? How is the dollar any more of a monetary unit than BTC? the dollar completely destroyed its savings mechanism
Lol they haven't even mentioned the blockchain technology powering Bitcoin... 😅 a public decentralized ledger system that operates 24/7 with little to no fees
Short it and then talk.
Good line.
You can't short Bitcoin there is no mechanism that allows you to take a position against bitcoin.
@@gursharnsekhon153 incorrect....there are otc exchanges/brokers allowing premium sellers to sell you put option contract strikes on every 1,000 below market price. You can buy the 25,000 bitcoin put strike so you turn $1000 into $1 million from bitcoin collapsing one day.