huphelmeyer

>"I don't eat or drink anything that hasn't been around for 1000 years"

He'd love our office fridge.

Was Antifragile supposed to be funny? I thought Taleb just came off as stuck-up.

Is it that easy? The Nasdaq bubble took roughly 6 years to inflate and 3 years to "pop". The real estate bubble took about 11 years to inflate and 6 years to fully deflate. Even Enron took the better part of a year to fully deflate.

Maybe balloon is a better word than bubble.

I'm both someone who believes Bitcoin is in a bubble, and someone who holds a decent amount of it.

I never liked the word "Bubble" do describe these things because they rarely pop like bubbles. Physical bubbles inflate relatively gradually and pop very rapidly. Asset bubbles usually don't. The Nasdaq bubble took roughly 6 years to inflate and 3 years to "pop". The real estate bubble took about 11 years to inflate and 6 years to fully deflate. IMHO "balloon" might be a better term.

It's possible we could wake up tomorrow in a world where Bitcoin is trading for $10, but I doubt it. Even if today ends up representing the peak in hindsight, I'm (literally) betting that it will take years to fully deflate.

Betamax is better than VHS