Elon Musk’s X Money ‘Smarter’ Than Bitcoin, Says ‘Black Swan’ Author Nassim Taleb: ‘Private Currencies Must Compete With One Another’

Renowned author and statistician Nassim Nicholas Taleb found Elon Musk’s widely touted X Money payments service better than Bitcoin (CRYPTO: BTC) on Wednesday.

X Money A ‘Private’ Currency?

Talib responded to Musk‘s announcement that X Money will begin early public access next month, saying, “This is much, much smarter than Bitcoin. Private currencies must compete with one another.”

X users differed on what Taleb meant by “private currencies,” with some concluding that “private” referred to X as a private company rather than privacy features.

Full story available on Benzinga.com