SNEAK PEEK
- Pompliano holds the market as a factor for FTX’s downfall.
- He also said market forces tend to eliminate the bad people as quickly as the wrong businesses.
- Pompliano is the founder of North Carolina-based Morgan Creek Digital Assets with MarkYusko in 2018 and runs a Pomp Crypto Jobs Website.
Anthony Pompliano, a prolific podcaster and cryptocurrency investor, recently said that market forces tend to eliminate the bad people as quickly as the wrong businesses. On November 17, 2022, at Texas Blockchain Summit, Anthony was asked how to ensure high-quality representation “in the halls of power. He replied that market forces eliminate the bad people as quickly as the wrong businesses.
Always enjoy visiting the great state of Texas, where the citizens understand the importance of private property, personal defense, and economic liberty 🇺🇸 pic.twitter.com/5POeuSDuex
— Pomp 🌪 (@APompliano) November 17, 2022
Moreover, he said that he had not lost faith in the people and the crypto industry despite the disappointing conduct of the former FTX CEO Sam Bankman-Fried. Bankman was once regarded as the white knight of the crypto industry and has now turned into the pariah.
The reason behind this has been the mishandling of the FTX customer finds and his ongoing strange behaviour.
Pompliano is the founder of North Carolina-based Morgan Creek Digital Assets with MarkYusko in 2018 and runs a Pomp Crypto Jobs Website. In his career, he has also made various cynical comments like-
- Bitcoin Creator Satoshi Nakamoto deserves Nobel Peace Prize.
- Advocated for the inclusion of crypto in the pension funds
- Dismissed Crypto mining’s energy consumption.
Furthermore, according to various sources, Morgan Creek Digital Assets was reportedly putting together an alternative offer for BlockFi before FTX invested $680 million in the crypto lender in a bailout in July.
