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.