That's gotta hurt.
Sportsman Shippingis now actually slightly less than $30,000 per token — and, perhaps strangest of all, it appears that the crypto bro is willing to admit defeat and put up half a million more than he originally offered to boot.
"I’m not a trader, I’m not John McAfee, and I’m not in the habit of publicly burning a million bucks," Srinivasan wrote in his-length tweet. "The reason I did this was because I do believe in the public good, but unfortunately we can't rely on the public sector anymore to tell us when something's wrong."
But citing the lack of official alarm-sounding ahead of the 2008 financial collapse, Srinivasan suggested that the Federal Reserve's current tune can't be trusted.with the economy, and that it's not going to be a 'soft landing' like [Fed chair Jerome] Powell promises — but something much worse," he continued.
There's something weirdly satisfying about a Bitcoin bro putting his money where his mouth is and not being a sore loser — and he may make some good points about the direction of the economy, too.
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