More Talebaloney: Having asserted that bitcoin "is" worth zero, he writes that, because bitcoins yield no dividend, "_if_ we expect that, at any point in the future, the value will be zero when miners are extinct, the technology becomes obsolete,...
"...future generations get onto other such “assets” and bitcoin loses its appeal to them, _then_ the value must be zero _now_.” Really? Of course it's the merest truism to say that an asset that yields no return will be worthless now if it's expected to be worthless eventually.
Moreover, it's certain that, a few billion years hence, the Earth will be swallowed-up by the sun. Yet BTC somehow hangs in there at about $33k. No doubt Taleb will fault the market for not understanding his theory!
But less biased minds may well wonder whether that theory itself leaves something to be desired. In fact, it is nothing more than a naive dividend-discount model of the sort that can't even explain the value of non-dividend paying growth stocks. investopedia.com/articles/funda…
Taleb is admittedly no "imbecile" (an adjective he himself likes to assign to all who criticize him). But he's a lot more bombast and a lot less brilliance than his many devotees seem to realize, and the time for exposing this reality is long overdue. 
The paper I refer to is here: nassimtaleb.org/2021/06/bitcoi…
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