Anthony" Pomp" Pompliano.
This comes after $40 million was raised by cryptocurrency investment firm Morgan Creek Digital, which is headed up by its founder,
Anthony Pompliano.
Pompliano alleged that Spiegel said Snapchat is"only for rich people"
and that he didn't want to"expand into poor countries like India and Spain.
When asked if the prospect of investing money into a
crypto-focused fund was a daunting task, Pompliano said that the firm was well aware of the risks associated
and took on a manageable amount of capital:.
Contrary to the perception that Bitcoin is a highly volatile asset, Pompliano insists that the cryptocurrency meets the criteria of an asymmetric return profile-
meaning the potential upside of the investment outweighs the potential downside risk:.
Pompliano's proposal faces the obvious hurdle of Nakamoto's now-legendary
disappearance in late 2010- which has spurred almost as much speculation and fervent interest as the cryptocurrency he, she, or they invented on Oct. 31 2008 with the publication of the Bitcoin white paper.
Apart from pragmatic considerations, Pompliano's argument is based on the conviction of many avid
cryptocurrency supporters that domestic fiat currency is essentially based on violence- their hegemony is based on a history of coercion, centralized control of supply and a monopoly of power.
Pompliano's proposal faces the obvious obstacle of the legendary
disappearance of Nakamoto at the end of 2010- which caused almost as much speculation and keen interest as the cryptocurrency that he, she or they invented on October 31, 2008, with the publication of the Bitcoin White Paper.