This site uses cookies. Browsing the site, you agree to the use of cookies. If you need more information, please visit the Cookies Policy page
Subscribe
Прямой эфир
Cryptocurrencies: 3835 / Markets: 22713
Market Cap: $ 268 940 767 312 / 24h Vol: $ 101 793 491 134 / BTC Dominance: 65.2335%

Н News

Former Google Analytics Advocate Bashes Crypto Space

528_aHR0cHM6Ly9zMy5ldS1jZW50cmFsLTEuYW1hem9uYXdzLmNvbS9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjAtMDUvYmNmNGMxZDctYjBmOS00YTg3LWI0YTctNjE3YmZlN2Q2MjhiLmpwZw==.jpg

Former Google analytics advocate and current CMO for software startup Think3, Adam Singer, went on a rant about the crypto space recently.

In the midst of rising prices, Adam Singer showed his disapproval of the entire crypto space, describing it as cultlike. 

"Bitcoin went from a creative economic experiment to cult of over exposed, get rich quick neo goldbugs rooting for the end of the world," Singer tweeted on Thursday.

Everyone is "watching the same chart 24/7 and taking online victory laps that would make Jordan Belfort blush every time their only holding has a >5% move," Singer added, referring to the infamous "Wolf of Wall Street" scam artist. 

Bitcoin prices on the move going into the halving

With its block reward halving quickly approaching, Bitcoin's price has risen significantly in recent days, reigniting new hope and hype for the industry, as well as some of the mainstream public. 

Singer noted the crypto space is a solid place for trading, trolling and memes, although fresh market participants only serve as chum for industry "sharks."

The Think3 chief marketing officer did acknowledge industry builders creating applications with the new burgeoning technology and the struggles those folks face in the shadows of the traders and trolls.

"Those folks should be championed," he said. "They are lost in the fray of an absolutely insane cargo cult who wouldn't pass a college econ 101 class."

Crypto is not bad in and of itself

In a subsequent post, Singer clarified his position, saying he doesn't inherently dislike Bitcoin or crypto itself — only folks who spread fake hope and hype. 

He also posted a number of other tweets with various details on his position. One comment saw Singer asking if buying Bitcoin permitted him license to pick apart the space, including its various impassioned bag-holding camps.

"It's almost worth it just to buy one so maybe they'll actually listen," he said. "Their marketing approach is all wrong could prob help."

Price exuberance matched with significant events often bring out exuberant comments, both positive and negative. On the other side of the table, Morgan Creek CEO Mark Yusko recently said Bitcoin could hit a $100,000 price tag over the next year or so. 

Cointelegraph reached out to Singer for a potential follow-up article but has not heard back as of press time.

Source

comments powered by Disqus