A quality attached to an asset that means it performs better when exposed to volatility and shocks.
Some experts, such as Nassim Nicholas Taleb, have argued that Bitcoin falls into this category.
Explaining what he meant, the bestselling author said: “Antifragility is beyond resilience or robustness. Some things benefit from shocks; they thrive and grow when exposed to volatility.”
The idea that Bitcoin only exists because a certain amount of people believe in it makes it immediately vulnerable and weak. It allows those external to the issue to believe that just as it was once created, it could just vanish like a fashion trend.
The thesis of anti-fragility suggests that Bitcoin has become stronger and stronger with every hit it has suffered. This is evidenced by how greater numbers of people have continued to embrace the cryptocurrency.
All of this could also make Bitcoin much harder to regulate going forward.
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