They talked about why they used the companies….i might have alot extra respect in the event that they advised us their expertise since its gone incorrect
They talked about why they used the companies….i might have alot extra respect in the event that they advised us their expertise since its gone incorrect
McCormack spoke on it on twitter
https://twitter.com/PeterMcCormack/status/1591704277084696578?t=X8LOiEtOKhSkeKyhUC9y7g&s=19
<10 btc exposure as I read it
Im not on twitter…thanks…i dont blame either of these guys…i believe in personal responsibility…i just wanted to heart their stories…i want good bitcoin stories and bad ones
Ha, the wealthy and connected don’t lose money. I’m sure someone tipped them off and they pulled everything at the 11th hour.
Pomp invested in BlockFi ($50 Million). Peter had them as a sponsor to his podcast.
The 2 situations are not even close to the same.
McCormack simply takes some ad money for the air time. Simple model. It’s not like he runs those businesses. I wouldn’t hold him responsible for these crashes. It’s ads and it’s clearly stated as ads. When Bear Stearns went under we don’t call for WSJ to take responsibility for running Bear’s ads on its front page… I feel Twitter has been too harsh to him.
Pomp on the other hand seems to be a lot more involved in various “investments”… and his shitcoin stance is much harder to defend too (when market was good he shitcoins like there’s no tomorrow, and during the bad time like now he’s suddenly a bitcoiner again)
Mccormack only kept bitcoin on blockfi and then withdrew it in march or something this year.
Pomp is a scammer with a rich daddy. Do some research on him—he’s a grifting POS. The Snapchat debacle, investments when he had no $$ to invest…the guy is just a sociopath.