Nassim Nicholas Taleb isn’t a fan of fake stocks trading on blockchains. The former options trader, who predicted the 2008 financial crisis in his bestseller “The Black Swan,” said decentralized finance, or DeFi for short, is managing to reinvent the bucket shop, referring to the firms that very early last century allowed everyday Americans to gamble on stocks without owning them. “The Twitter-educated youth should sit with surviving traders sipping aged brandy, shut up, and learn,” Taleb said in a tweet on Tuesday from his private account. Taleb made his comments while tweeting a Bloomberg report that described DeFi ... (full story)