While the risks of crypto have always made it a difficult investment to justify, the tide seems to be decidedly turning against the industry, with new regulatory pressure building and investor excitement fading. Over the years, Nassim Taleb, author of the influential book ‘The Black Swan,’ has gone from being a proponent of crypto to one of its biggest detractors. This article from Fortune highlights Taleb’s recent disparaging comments about crypto and explores how they relate to the fate of the industry as a whole.
