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'The Black Swan' author Nassim Taleb on crypto: A cult coupled with a financial instrumentA "Black Swan Event" is an unpredictable and rare event that has a profound impact, often with far-reaching consequences. Coined by Nassim Nicholas Taleb in his book �The Black Swan,� this theory delves into the world of the unknown and the unforeseen. In this article, we will. 'It's not even good for money laundering': 'Black Swan' author Nassim Taleb lashes out at Bitcoin and says it's 'transformed into a cult'.