RE: Antifragility, Robustness, and the Hydra

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Antifragility, Robustness, and the Hydra

in bitcoin •  7 years ago 

Somehow I missed this post but broadly agree. Bitcoin is not anti-fragile but cryptocurrency as an "ecosystem" is. The more things that happen, good and bad, the better the overall system gets. Even though bad things 'suck' (like wallet hacks and frozen coins) the system learns from this and makes continual improvements. In the long run I see things improving.

I'm also a fan of Taleb's work and been following him for years. Haven't read his latest book yet.

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Thanks, yes, we all learn from the collective mistakes, with the added bonus that many of the mistakes are deflationary in nature (coins get burned and lost forever).