What do you suppose the Genesis of this all was.
Homero and his friend sitting at that coffee shop lamenting about their broken corvettes, say to each other in all seriousness, hey lets create a coin that all major retailers will use and make it general public friendly. BTC is too slow and to technical for the masses. Good idea his friend nods.
1. people we are making a coin that the masses can use and major retailers will accept . We already have partnerships with Amazon, Walmart and Target for this coin.
2. our coin is backed by 100 million dollars, the CEO of Cantor Fitzgerald is our partner ( and my buddy's daddy).
...........
and on and on and on.
Not a single thing from the outset has been true and nothing today is true.
You cannot have good intentions when you start off with a lie. You may want to call it bluffing his way into that job interview, but in this case he was caught out very early on. He had his chance to rope in the masses and make it work, like bluffing your way past the secretary into the job interview and being so impressive once in, the CEO hires you on the spot.
He has failed every single step of the way. Bullshit sales pitch to get the ball rolling, and missing every kick of it every step of the way. He is a failure and a loser on top of being a liar.
He will keep flopping around like a fish out of water until because that is exactly what he is. Wrong guy in the wrong business. He needs to stick to the back woods of Vermont slickly peddling wireless internet savings plans to the farmers and churches. Big fish in a small pond. Exactly where he belongs.
Sources? AFAIK he never said that the CEO of Cantor was on board. He said that it will be backed by 100 million, but that hasn't been disproven. It's your word against his on that.