Renowned scholar and former option trader Nassim Nicholas Taleb, widely known for his influential works such as “Black Swan,” “Antifragile,” and “Skin in the Game,” has announced the title and subject of his next book. Less than an hour ago, Taleb made the revelation on the social media platform X.
The upcoming book, titled “The Lydian Stone,” draws its name from the ancient flint stone used to verify the quality of silver and gold. Taleb disclosed that the book will explore how humans are often misled by sequences, connecting this concept to the arrow of time and entropy.
Taleb, who has transitioned from a Bitcoin advocate to a notable critic, has been vocal about his changed stance. Three years ago, he publicly announced his departure from Bitcoin, citing its high volatility and failure to function as a reliable store of value. He argued that a currency should not be more volatile than the goods it is used to purchase. Since then, Taleb has frequently criticized Bitcoin on his X account, even likening it to a “tumor.”
Given Taleb’s outspoken criticism of Bitcoin, it is likely that his new book will include references to the cryptocurrency. “The Lydian Stone” promises to delve into the complexities of human perception and the misinterpretations that arise from sequential events, potentially offering new insights into Taleb’s critique of Bitcoin and other financial phenomena.
