💎 Fed’s first rate cut since 2020 set to trigger market. Find undervalued gems with Fair ValueSee Undervalued Stocks

'Black Swan' Author Calls Edward Snowden 'Despicable' For Body-Shaming BIS Chief In Crypto Debate

Published 01/03/2023, 03:35
Updated 01/03/2023, 04:40
© Reuters. 'Black Swan' Author Calls Edward Snowden 'Despicable' For Body-Shaming BIS Chief In Crypto Debate

Benzinga - Author Nassim Taleb, best known for his book ‘The Black Swan’, unleashed a blistering attack on former National Security Agency (NSA) contractor Edward Snowden on Twitter.

What Happened: Calling him “despicable” and a person of very "low intellect,” Taleb criticized Snowden for body-shaming Bank for International Settlements head Agustin Carstens.

Carstens, in a Bloomberg interview, had said fiat currencies “won the battle” against cryptocurrencies and that “technology doesn’t make for trusted money.”

In a now-deleted tweet, Snowden said Carstens "could not even win the battle against the international house of pancakes and he's out here trying to eulogize his enemies."

See More: Top Indian Apps That Give Bitcoin, NFT Rewards

Taleb asserted that Snowden's advocacy for digital assets is because he is “paid in crypto.”

‘The Black Swan’ Author said Snowden “is body shaming the fellow only because he has no argument,” adding that “transactions in crypto are limited to circular trading by crypto heads (financial onanism) and unskilled money launderers.”

Earlier, Binance CEO Changpeng Zhao responded to Carsten’s criticism of crypto by saying that “It's not a battle. Technology doesn't fight with anyone. You use it if you like, and don't use it if you don't like it. That's all.”

Read More: Bitcoin, Ethereum, Dogecoin Fall As Sell-Off Frenzy Lingers: Analyst Calls Apex Crypto-China Correlation 'Biggest Bullsh*t'

Photo courtesy: Gage Skidmore on Wikimedia

© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.