“A speculative thing. It's a speculative asset that seems to, just like behave, you know, like the high-priced real estate in Manhattan, for it attrack the stock market.”
$30,838·
1 wrong call across 1 years of denial. 1 framed for posterity. No signs of stopping.
The Greatest Misses
They Weren't the Only Ones Wrong
“(...) Bitcoin could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671
“Cryptocurrencies play almost no role in economic transactions other than speculation in crypto markets themselves. And if your answer is ‘give it time,’ you should bear in mind that bitcoin has been around since 2009, which makes it ancient by tech standards; Apple introduced the iPad in 2010.”
— Paul Krugman
$30,416
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Sometime I call it crypto crapo, sometime I call it cryp sh*t. It's just ridiculous than anybody would buy it.”
— Charlie Munger
$24,331
“Bitcoin: 10 Years Of Smoke And Mirrors”
— Karen Webster
$6,591
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“Bitcoin plays into a fantasy of self-sufficient individualism, of protecting your family with your personal AR-15, treating your Covid with an anti-parasite drug or urine and managing your financial affairs with privately created money, untainted by institutions like governments or banks.”
— Paul Krugman
$38,483
“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559
“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838
“(...) Bitcoin could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671
“Cryptocurrencies play almost no role in economic transactions other than speculation in crypto markets themselves. And if your answer is ‘give it time,’ you should bear in mind that bitcoin has been around since 2009, which makes it ancient by tech standards; Apple introduced the iPad in 2010.”
— Paul Krugman
$30,416
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Sometime I call it crypto crapo, sometime I call it cryp sh*t. It's just ridiculous than anybody would buy it.”
— Charlie Munger
$24,331
“Bitcoin: 10 Years Of Smoke And Mirrors”
— Karen Webster
$6,591
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“Bitcoin plays into a fantasy of self-sufficient individualism, of protecting your family with your personal AR-15, treating your Covid with an anti-parasite drug or urine and managing your financial affairs with privately created money, untainted by institutions like governments or banks.”
— Paul Krugman
$38,483
“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559
“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838
“(...) Bitcoin could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671
“Cryptocurrencies play almost no role in economic transactions other than speculation in crypto markets themselves. And if your answer is ‘give it time,’ you should bear in mind that bitcoin has been around since 2009, which makes it ancient by tech standards; Apple introduced the iPad in 2010.”
— Paul Krugman
$30,416
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Sometime I call it crypto crapo, sometime I call it cryp sh*t. It's just ridiculous than anybody would buy it.”
— Charlie Munger
$24,331
“Bitcoin: 10 Years Of Smoke And Mirrors”
— Karen Webster
$6,591
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“Bitcoin plays into a fantasy of self-sufficient individualism, of protecting your family with your personal AR-15, treating your Covid with an anti-parasite drug or urine and managing your financial affairs with privately created money, untainted by institutions like governments or banks.”
— Paul Krugman
$38,483
“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559
“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838
“(...) Bitcoin could remain irrationally valuable for a long while yet.”
— Josh Williams
$35,671
“Cryptocurrencies play almost no role in economic transactions other than speculation in crypto markets themselves. And if your answer is ‘give it time,’ you should bear in mind that bitcoin has been around since 2009, which makes it ancient by tech standards; Apple introduced the iPad in 2010.”
— Paul Krugman
$30,416
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Bitcoin is a highly speculative asset, not a currency. Unreliability, lack of stability, and susceptibility to fraud will continue to plague this cryptocurrency. Don't be tricked, buying Bitcoin is a fool's game.”
— Steve Hanke
$27,271
“Sometime I call it crypto crapo, sometime I call it cryp sh*t. It's just ridiculous than anybody would buy it.”
— Charlie Munger
$24,331
“Bitcoin: 10 Years Of Smoke And Mirrors”
— Karen Webster
$6,591
“All we know is Bitcoin is not an efficient means of payment. Don’t bank on it.”
— Taavet Hinrikus
$118,347
“Bitcoin plays into a fantasy of self-sufficient individualism, of protecting your family with your personal AR-15, treating your Covid with an anti-parasite drug or urine and managing your financial affairs with privately created money, untainted by institutions like governments or banks.”
— Paul Krugman
$38,483
“If we now say ok, bitcoins. What about platinum? What about coal? Why don’t we hold strategic beef reserves, or mutton reserves, or apple reserves? Why Bitcoin?”
— Lesetja Kganyago
$105,559
“Bitcoin is bovine excrement.”
— Nicholas Weaver
$3,970
“Bitcoin is a bubble, a Ponzi scheme and an environmental disaster.”
— Agustín Carstens
$8,093
“There is no real demand for bitcoin.”
— Peter Schiff
$26,838
Birds of a Feather
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Cite this page— APA, MLA, Chicago, BibTeX
Nassim Taleb (2026). Nassim Taleb — Bitcoin Quotes & Wrong Predictions. Buttcoiners. Retrieved October 13, 2026, from https://buttcoiners.love/author/nassim-taleb