So, he does understand #bitcoin but he's making other people not to understand it, so that he can make money selling them shitcoins.

Is that what you mean?

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He is running a business in order to make money (possibly holding a significant portion of his wealth in bitcoin). I am sure he understands bitcoin fairly well from different perspectives.

I think you are more likely claiming that the business he is running is unethical and dishonest, which I would not disagree.