I'm another Swan participant since Jan 2022. And yes, I found myself having to stress over the Prime Trust fiasco...and then the jump to Fortress Trust...and now another jump.
But Cory has been out there doing some decent forecasting of what other companies are doing and that they would rug-pull. And as much as we'd love it if everyone just stayed humble and stacked sats. His appearances on main stream channels, just like Natalie Brunell, is good for Bitcoin awareness. And we want people to know, right? Not just because of number go up but because it fights a corrupt system both domestically and abroad (from the Fed/Treasury/JP Morgans of the world to the IMF and authoritarian governments).
I disagree with him "owning" a bunch of bitcoin influencers. Have several teamed up with him over the years, yes. But these people already had successful careers/podcasts/etc without Cory. If anything, they pooled resources to develop better strategy for educating the masses. And Swan is VERY education focus and LEADS with the strong encouragement for self-custody...and willing to educate you on that. They will also educate you on how to setup a bitcoin full node.
That doesn't sound like someone looking to rug-pull. And yes, we all wish he would have led with being more turn-key and liimiting 3rd party risk. But in an accelerating innovation market, there has to be some delegation to people who SUPPOSEDLY do things "best in class"...like custodians.
I value your opinion and positions, @ODELL, but I also trust the opinions of Stephan Livera, James Lavish, Jeff Booth, Greg Foss, Sam Callahan, Alex Gladstein, Mark Moss, etc. People who may or may not be sponsored by Swan...but didn't need him beforehand and would still do fine enough that they can have independent opinions. Yet they've teamed or supported Swan.
That has to mean something.
Dont forget Lyn Alden
And also Nico and Opti, Natalie Brunell. The list goes on.
And don’t forget about MAX KIESER and his wife @0815ff97
man, i appreciate the position you are in, but cory's behavior insofar as he calls out scammers *could* be an instance of psychological projection. deflection from his company's own sketchiness.
with respect to your concern about "best in class" custody, there are other providers with (better IMO) solutions. eg River, Strike, and Cashapp -- all of which maintain their own custody.
I love Livera too, think he puts out super high quality education, but at the end of the day, where is his bread buttered? what are the incentives of the other folks you listed?
again, no disrespect from my end, just be careful
Well said sir. I rescpect Odell and Cory, so without more tangible truths, we can only wait and see what happens.
If you are CURRENTLY accepting advertising money from a person, or ANY money, AND YOU DEPEND ON THAT MONEY they OWN YOU.
Oddbean new post about login | logout