How does Marshall Long keep getting involved in crypto with the reputation he has? Josh Garza, Paul Vernon i mean Bao... How does any self respecting startup / bitcoin project choose to get him on board? He's shady at best and honestly from what i read in the news he hasn't actually really done anything. How does he keep getting in on these fuck ups?
I think its safe to start assuming that if any company has Marshall Long listed in any way its an immediate scam.
Maybe its time to start petitioning places that mention him with topic evidence and info.
its like this, he has alot of money and influence and so is able to market himself as an expert/consultant with his "Chinese" connections and to Chinese for his "US" connections. Americans (garza, vernon, etc) want to be his friend so he can sell their shit to the chinese for them, chinese companies, want to be his friend so he can sell their shit back to americans. Odds are before bitcoin he was not just another white guy in China teaching english
Marshall Long: It's interesting. So when you're doing these new kind of hardware tape outs you have two options. You can either mine with it yourself or you can sell it to the general public. Now, especially for the US and most of the Western world there's kind of a stigma on Chinese products just in general. Which I'm not going to say is unfounded, but really if you want some good hardware you got to get it from China at a decent price. Because right now the price is depressed a little bit and it's hard to turn money doing mining.
So if they're going to sell to the public they generally try to partner with some people with good reputation that can help to move hardware using their name. Because if you just have a new Chinese company spin up nobody's going to trust them. Just because of the stigma of doing business with Chinese due to some decade old, you know, what have you.
Now if you're going to mine with it, it's quite risky also. Because you've got, you know, maybe a two to five million dollar tape out expense that you're trying to cover. So, if you don't have virtually free electricity and you don't have adequate cooling, really what's your choice. You got to sell them, but if you can't sell them you got to mine with them. So, it's kind of a catch-22. Because if you mine with them you're probably going to lose money and if you don't get very inexpensive electricity and if you try to sell them you're probably not going to be able to because mining is so competitive right now because of the price deflation.
He was also speaker at the miami bitcoin conference a few months ago, where his agenda appears to be to sell the toomins/classiccoin hardfork as part of a wider conspiracy to attempt a hostile takeover of bitcoin.