His sound money crusade looks hollow now. Nothing about Spamcoin resembles sound money anymore, but I suppose a big audience buys more books.
Remember when Taleb argued Bitcoin's fundamental value was zero, and that it fails as a currency? Five years later, is making the same case. Funny how that works.
So here's a pitch for his next book: “Captured Protocols”. Get Saylor to write the foreword, then spend a few hundred pages explaining why the 5 pool nodes deciding what goes into 95% of blocks should care about thousands of plebs with 0.3 BTC each posting on Twitter, because that's how "Bitcoin" works.
People don't turn this dumb overnight. When someone flips this hard, this fast, it's fair to ask what changed in his incentives.
