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White Swan
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White Swan Event
A white swan event is a highly foreseeable and expected occurrence that contrasts with black swan events, which are rare and unpredictable. White swan events are anticipated based on current information and forecasting, and they often have three common characteristics: they are sure to occur, their impact is easy to quantify, and human error is usually considered the cause of such events.
In the context of finance and cryptocurrency, white swan events are predictable happenings that can have significant consequences. These events include regulatory changes or major technological advancements that are often speculated upon well in advance, allowing participants to adjust their strategies accordingly.
For example, Nassim Nicholas Taleb, known for his work on black swan theory, has also warned about a white swan event related to the U.S. ...
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