'Black Swan' Author Calls Bitcoin a 'Gimmick' and a 'Game,' Says It Resembles a Ponzi Scheme

"Black Swan" author Nassim Taleb ripped bitcoin as a "gimmick" that's too volatile to be a currency and an unsafe hedge against inflation. "Basically, there's no connection between inflation and bitcoin," the former derivatives trader and current hedge fund advisor told CNBC Friday. Taleb had once believed bitcoin was a...