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2025-04-06 16:03:29

SoakQuest on Nostr: Sunday Reading: "If you see a fraud and don't call out a fraud, you are a bigger ...

Sunday Reading:

"If you see a fraud and don't call out a fraud, you are a bigger fraud."
Wise words from Nassim Taleb.

Ironically, Bitcoin has completely proven Taleb wrong—and yet his refusal to admit that, or even re-engage with the topic, is the exact opposite of what he championed in Antifragile.
Some might call the refusal to update one’s beliefs after new data… fraudulent.

That said, Taleb still offers deep wisdom in other domains. One of his best ideas is that people are fragile, but information is not—a critical frame when separating powerful insights from flawed messengers.

Many Bitcoiners are Antifragile, Fooled by Randomness, Skin in the Game, and Black Swan disciples. They know how to extract value from the work even when the author falters.

One of Taleb’s most valuable essays, "The Most Intolerant Wins: The Dictatorship of the Small Minority," is a cornerstone for understanding how Bitcoin and NOSTR win.
We’ll dive deeper into that claim soon.

But for now, as Taleb might say:
Unus sed leo — only one, but a lion.

Bitcoin and NOSTR don’t need mass adoption.
They just need their most committed users to be the most intolerant.
That’s how they win.

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