Bill Ackman is a well-known figure in the crypto world. He is best known for his distaste for bitcoin. On November 20, he spoke about the loud fall of FTX. He also spoke well of Helium and Dimo. Less than a week later, he himself begins to criticize Helium. Bill Ackman goes so far as to say that he is not involved in this crypto network at all.
According to Bill Ackman, Helium is not yet generating enough demand to justify HNT’s high initial estimates.
Bill Ekman Under Criticism
Taking advantage of the fall in FTX, Bill Ackman posted a long string of tweets on November 20 last year, talking about the positive impact of cryptocurrencies on society. The American investor highlighted two blockchain projects: Helium and Dimo.
Bill Ackman was quick to praise Helium, stating that the crypto project could become a “commodity of value” amid rising network participation. He even called Helium a decentralized network of Internet access points. A global WiFi network operated by e-scooter specialist Lime.
His comments about Helium apparently drew a lot of criticism on Twitter. Some people made it clear to him (with evidence) that Lyme never used helium. Others have pointed out to him that he is not up to date with crypto news at all. Even Corey Clippsten, CEO of the Swan Bitcoin exchange, responded, “Bill, NO. The Helium token was a real PONZI scheme. »
Bill Ekman discusses his opinion on the Helium crypto project
In a new tweet thread posted Nov. 26, Bill Ekman wanted to explain himself. But not only! He also responded to various criticisms received in his November 20 tweets.
On the one hand, this crypto investor clarifies that he is not involved in the Helium blockchain project at all. On the other hand, he points out that his remarks only promoted interest in cryptocurrencies and tokenization. According to him, these technologies are really useful for creating a business.
In just one month, Bill Ekman caused a flurry of comments twice. This Pershing Square hedge fund leader, too eager to give a positive opinion about the cryptocurrency, often posts remarks that he does not appreciate the consequences of.
Get a digest of news in the world of cryptocurrencies by subscribing to our new service daily and weekly so you don’t miss any important Cointribune news!
My name is Ariel, I am 31 years old. I have been working in the field of web writing for 7 years. I discovered trading and cryptocurrency just a few years ago. But this is the universe that interests me a lot. And the topics covered within the platform allow me to learn more. Singer, in my free time I also cultivate a great passion for music and reading (and for animals)!