The problems of bitcoin now do not understand only "unicellulars"

The famous investor, economist, and author Nassim Taleb announced his decision to sell the money he has.

According to him, the first cryptocurrency did not take place as a means of payment and risk hedging.

Nassim Taleb, the world-famous author of the financial bestseller "Black Swan," announced late last week that he had begun liquidating his bitcoin assets.

He justified his decision by the fact that he was disappointed in the first cryptocurrency. According to Taleb, bitcoin can't become a means of payment or an asset that protects against risks, and the problems of bitcoin now do not understand only "one-celled", writes Forbes.

"Currency should never be more volatile than what you buy and sell for it. Commodities cannot be valued in BTC. In this context, it is a failure. Bitcoin has been hijacked by coronavirus-denying sociopaths with an amoeba-level mindset," he explained.

Taleb also noted that the attractiveness of cryptocurrency today is also due to the possibility of using it in tax fraud and money laundering.

This is a rather unexpected statement from Taleb, who in the past has repeatedly supported bitcoin and criticized the traditional financial system.

Earlier the American economist Nouriel Roubini warned against buying bitcoins, who predicted the global financial crisis of 2008-2009. The fact that Ilon Musk's Tesla is buying bitcoins does not mean that investors should follow its example, he wrote in a column for the Financial Times. According to Roubini, this bubble "will eventually burst again," as it already did in 2017.

"Up until now, the new U.S. administration has not clearly outlined its attitude to the development of cryptocurrencies. No one knows exactly where the comfortable growth area of cryptocurrencies ends and the systemic risks for the regulator begin.

It is very likely that the willingness to accept bitcoin as a means of payment for goods and services instead of the dollar may be the trigger for tightening the screws," said the team of analysts FxPro.