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About the Episode
Nassim Taleb saw that the financial system was way too complex for any one to understand. He succeeded as a trader by learning how to deal with uncertainty.
His work (check out all of Nassim's books on Amazon) is quite popular within the bitcoin community. Joey and I thought it would be worthwhile to look at some of his ideas through the lens of Bitcoin:
- the Turkey problem
- Risk taking and iterative action
- Mediocristan vs extremistan
- Fat Tails and asymmetries
- Dr. John and Fat Tony
- Lindy effect
- Learn by doing and iterating
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Photo courtesy of Shutterstock.
About the Host
Matt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast.
He recently found a second love in cryptocurrency and blockchain and hasn't looked back.
His first major investment into cryptocurrency was the money he made betting on (but not voting for) that Donald Trump would win the 2016 election.
Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis.