[Medium] Snowden, Phony hence Traitor?

When you catch someone with a shoddy-but-carefully-curated story, Edward Snowden, producing the mother of bad faith arguments (in effect, lying) while, in addition, facilitating a character assassination (and severe cyberharassment), something very, very sinister about the person emerges that can help answer some fundamental yet still hanging questions.

Continue reading on Medium: medium.com/incerto/snowden-phony-hence-traitor-86ee41197578

[Online] Global Technical Incerto Reading Club goes through the Statistical Consequences of Fat Tails

Global Technical Incerto Reading Club is going through the Statistical Consequences of Fat Tails by Nassim Nicholas Taleb

They aim to cover: Chapter 10: It is what it is: diagnosing the S&P 500 Chapter 11: Probability Calibration under Fat Tails Our confirmed speakers are @Sharpe_Actuary , @MFergal and @MarcosCarreira.

Everyone is welcome to sign up at meetup.com/global-technical-incerto-reading-club

[YouTube] Why Nassim Taleb Thinks Bitcoin is Going to Zero Dollars?

Explained in 4 Minutes
Yedidya Levy briefly discusses some of the reasons Nassim Taleb states that Bitcoin will in fact go to Zero. Nassim recently published a paper titled “Bitcoin, Currencies, and Bubbles.” It is also referred to as #bitcoinblackpaper.

Link to #bitcoinblackpaper – fooledbyrandomness.com/BTC-QF.pdf

Link to supplementary material – fooledbyrandomness.com/BTC-QF-appendix.pdf

Paper: Bitcoin, Currencies, and Bubbles

This discussion applies quantitative finance methods and economic arguments to cryptocurrencies in general and bitcoin in particular —as there are about $10,000$ cryptocurrencies, we focus (unless otherwise specified) on the most discussed crypto of those that claim to hue to the original protocol \cite{nakamoto2009bitcoin} and the one with, by far, the largest market capitalization.

Link to Paper – fooledbyrandomness.com/BTC-QF.pdf

Answering questions and providing derivations for the #bitcoinblackpaper

Link to Supplementary Material / Simplifications – fooledbyrandomness.com/BTC-QF-appendix.pdf