JUST IN: 🇺🇸 Anthony Pompliano announces $1 billion merger to create a Bitcoin-native ProCap Financial.
Plans to hold up to $1 billion in #Bitcoin
Discussion
That guy is not to be trusted. There is something fishy a him and also look at his track record
He intentionally led people to Blockfi for the slaughter. Fucking creep.
And what will this company do - just hold bitcoin? Who gives a shit. Another worthless holding company that does nothing useful. Bitcoiners like to whine about the banking industry but at least it does something to serve society. Almost all these holding companies are pointless
Not a fan either, but companies are uniquely positioned to take care of arbitrage opportunities, which is good since they accelerate the FIAT -> BTC transition
Funny how these guys sneak back into the limelight like nothing ever happened..