Explaining his view that why bitcoin is worth exactly zero, Taleb said that gold and other precious metals are largely maintenance-free, do not degrade over a historical horizon, and do not require maintenance to refresh their physical properties over time.
This is not the first time when Taleb has criticized bitcoin, in April he said that the cryptocurrency was a gimmick, and it was too volatile to be an effective currency.
“Earnings-free assets are problematic.