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Topic: When Bitcoin Maximalists are Promoting/Shilling an Altcoin - page 5. (Read 1154 times)

legendary
Activity: 2576
Merit: 1860
Just the other day, a SEC-approved tokenized IPO was launched by INX, a crypto exchange. The token is built on the Ethereum network.

Everything seems pretty normal. But no, this is a whole different security token not so much for its features as the people who are promoting/shilling it and even sitting as Advisory Board Members. They are no less than Bitcoin maximalists who openly despise altcoins as shitcoins including ETH itself. And now, all of a sudden, this promotion.

A whole controversial drama has ensued.

Stefan Jespers, known on Twitter as WhalePanda with the description: "Toxic Monetary Bitcoin Maximalist"[1] and whose Linkedin profile states that "He will not give you investment advice and he will not endorse your ICO."[2] recently tweeted:


(https://twitter.com/WhalePanda/status/1297933116779175938)

Meanwhile, the cyberphunk, Jameson Lopp, creator of statoshi.info, bitcoin.page, lightning.how, has also tweeted:


(https://twitter.com/lopp/status/1298262107478081547)

It turned out the two, among other Bitcoin maximalists which include Samson Mow, chief officer of Blockstream, and Alena Vranova, founder of SatoshiLabs, are advisors of the project.[3]


(https://cointelegraph.com/news/bitcoin-maximalists-accused-of-shilling-an-sec-cleared-token)

This decision made by these quite popular Bitcoin influencers and enthusiasts did not bode well to some Bitcoin fans.

Hodlonaut.hodl on Twitter did not mince words in his disappointment:


(https://twitter.com/hodlonaut/status/1298304878293454848)

(https://twitter.com/hodlonaut/status/1298328894559395845)

(https://twitter.com/hodlonaut/status/1298341888488083457)

(https://twitter.com/hodlonaut/status/1298370374665674752)

Replies were also pouring down hard on Jameson Lopp's Tweet, some of which he courteously answered:





(https://twitter.com/lopp/status/1298262107478081547)

And Cøbra, Bitcoin.org's custodian, spoke of it as a kind of hypocrisy:


(https://twitter.com/CobraBitcoin/status/1298398992401870848)

[1] https://twitter.com/WhalePanda
[2] https://be.linkedin.com/in/stefan-jespers-64437a1b
[3] https://cointelegraph.com/news/bitcoin-maximalists-accused-of-shilling-an-sec-cleared-token
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