Bitcoin is Antifragile: Nassim Taleb's "Antifragile" Part 2 w/ Mike Kelly

The "What is Money?" Show

Robert Breedlove

Bitcoin, Breedlove, What Is Money, Investing, Rabbit Hole, Cryptocurrency, Money, Finance, Education, Robert Breedlove, History

4.8 • 710 Ratings

🗓️ 27 June 2025

⏱️ 107 minutes

🔗️ Recording | iTunes | RSS

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Summary

What does it mean to be antifragile, and why does Bitcoin fit the definition better than anything else? Michael Kelly returns to continue our discussion of Nassim Taleb’s “Antifragile”: we explore the gap between invention and implementation, the arrogance of academic models, the elegance of Bitcoin’s design, the difference between “street-smarts” and “book-smarts, the role of leisure in driving progress, and how true antifragility emerges through practice, not theory. Michael J Kelly III, is a producer and creative strategist with a passion for natural science and the intersection of politics and biology.

Transcript

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0:00.0	The next battleground is the mind.
0:02.5	I feel like the battleground's always been the mind.
0:04.4	Even when the battleground is the battleground, the battleground is the mind.
0:07.4	Like morale, disillusion, strategy.
0:09.5	The battlefield has gone from being a distinct area to just the surface of the earth.
0:15.1	Be skeptical of word salad.
0:16.9	All that nonsense.
0:18.1	Make fun of them.
0:19.0	Call them out.
0:19.8	You'll see that there's no wizard behind the curtain.
0:22.6	Shakespeare said at best, methinks the lady doth protesteth too much. The more that you try to
0:27.1	justify it to yourself, that something is correct, the more likely that it's not.
0:31.4	The originator of Occupy Wall Street later said, you shouldn't have occupied Wall Street.
0:36.8	You should have occupied the Fed.
0:38.3	If all of technological progress is like this blade that's cutting through time and then has this
0:43.3	wake, fast majority of us are out in the wake.
0:45.3	But there are individuals who are like right, right, right, at that tip.
0:48.3	The cutting edge.
0:49.3	This just reminded me of Bitcoin because it's so elegant in its simplicity.
0:53.3	There's all of these
0:54.9	Keynesian economists delivering these complicated models about why it will never work. And then in
0:59.6	the real world, it's just practically working in ways that no one's theorizing could have predicted.
	...

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