Tag: Squawk box

Nassim on CNBC Squawk Box: Crypto is a cult coupled with a financial instrument

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As a scientific advisor for Universa Investments and author of ‘The Black Swan’, Nassim Taleb recently appeared on ‘Squawk Box’ to discuss the current state of the markets and economy. During the interview, he expressed his concerns about a potential bubble looming in the near future. Additionally, he shared his thoughts on the impact of cryptocurrency on the economy. Overall, Taleb provided valuable insights into the current economic landscape and potential risks that investors should be aware of.

Full Interview Link: Available to CNBC Pro Subscribers – Watch CNBC’s full interview with ‘The Black Swan’ author Nassim Taleb

Nassim on CNBC Squawk Box: Bitcoin is a ‘gimmick’ and a ‘game,’ says it resembles a Ponzi scheme

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“Black Swan” author Nassim Nicholas Taleb on Friday criticized bitcoin as a “gimmick,” telling CNBC he believes it’s too volatile to be an effective currency and it’s not a safe hedge against inflation.

Basically, there’s no connection between inflation and bitcoin. None. I mean, you can have hyperinflation and bitcoin going to zero. There’s no link between them,” Taleb said in a “Squawk Box” interview.

Link to the interview: cnbc.com/2021/04/23/bitcoin…

Nassim on CNBC Squawk Box: Global coronavirus response a case study of government incompetence and denial

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In a “Squawk Box” interview, Taleb specifically pointed to the importance of coronavirus testing. While countries have improved their capacity since the early days of the Covid-19 outbreak, Taleb said there has been a failure to develop quick, efficient testing at a scale that can cut off chains of transmission early. It also has the least economic cost, he said.

Link to the interview: cnbc.com/2020/11/02/…

[YouTube] On Warnings over Systemic Risks from Global Pandemics

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Nassim Taleb, Universa Investment’s scientific advisor and distinguished professor of risk engineering at NYU, warned of an acute virus spreading throughout the planet in his 2007 book “The Black Swan.” In January, he also warned of the systemic risks of the coronavirus pandemic. He joins “Squawk Box” to discuss.

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