'The Black Swan' author warns Jordan Peterson is owned by 'Bitcoin cartel'

Famed trader and best-selling author Nassim Taleb, known for his book ‘The Black Swan‘ recently criticized Canadian psychologist and professor Jordan Peterson for being part of the “Bitcoin cartel.”

The drama unfolded as Taleb commented about Peterson’s tweet on March 30, which stated, ‘Bitcoin fixes this,’ which was in response to an article that revealed Australian multinational bank ANZ was preparing to stop cash withdrawals from its branches as it turns digital.

Before suggesting Peterson doesn’t have the credential to talk about finance, comparing his views to Canadian truckers who protested last year against the vaccine. He warned his followers that the Bitcoin cartel owns the psychologist.

“I did not feel compelled to jump in & explain that Peterson talking about finance is slightly less sophisticated than a committee of antivaxx Canadian truckers lecturing on quantum field theory. But I need to warn the young victims that Peterson is owned by the Bitcoin cartel.”

Nassim Taleb and crypto 

Taleb has long been a vocal critic of Bitcoin and cryptocurrencies, arguing that they are not a reliable store of value and have no intrinsic worth. Notably, the author called Bitcoin a ‘tumor,’ which is ‘hurting the economy.’

On the other hand, Peterson has recently become a supporter of Bitcoin, stating that he owns the cryptocurrency and sees it as a potential hedge against inflation. He has also criticized governments’ handling of the economy and their control over currency, stating that Bitcoin provides an alternative to government-issued money.

However, it is worth noting that Taleb has a history of making controversial statements and has been criticized for his use of inflammatory language. This is not the first time that Taleb has sought to start an exchange this year after harshly revealing why he did not go on the Lex Fridman podcast. Leading to Charles Hoskinson, the founder of Cardano (ADA) and co-founder of the Ethereum (ETH) network, tweeted furiously about the author labeling him an “arrogant piece of human garbage.”

Hoskinson received support from the great majority of cryptocurrency proponents and industry leaders, who argued that Fridman shouldn’t be singled out for what amounted to nothing more than a podcast invitation.