How crazy is it that "Bitcoin maximalists" care about this guy's opinion at all?

Scott Bessent was a partner at Soros Fund Management for most of his career (1991-2000 and again 2011-2015).

Bessent was instrumental in significant financial strategies, including a major profit during the British Pound crisis in 1992.

In 2011, he returned to Soros Fund Management, where he managed billions in assets and made a notable bet against the Japanese yen, yielding substantial profits.

Bessent chaired the investment committee and is a former member of the executive committee on the board of trustees of Rockefeller University.

Bessent is also a member of the Council on Foreign Relations.

Bessent has participated in Dialog, a secretive, invitation-only social club founded by Peter Thiel and Auren Hoffman. He is also a member of the Economic Club of New York.

As of December 28, 2024, Bessent's net worth was at least $521 million according to his financial assets disclosure by the U.S. Office of Government Ethics; his actual net worth is speculated to be around $600 million.

So, tell me, Bitcoin maximalists, do you think this guy really wants what's best for Bitcoin? 😂

It's like the Bitcoin maximalist who was calling out Jamie Dimon for being Epstein's banker and then started a company with Epstein's neighbor (Howard Lutnick).

If you blindly follow influencers, it might turn out that they don't have your best interest at heart. The only solution is to do your own research.