Oddbean new post about login | logout Yes brother, absolutely. I hope the best for them, but to say I have concerns is an understatement. Doesn’t help that every “influencer” is being paid by Swan.
What you note about them widely bankrolling influencers under the guise of "advisor" roles is something I had noted as well -- their approach to marketing has felt superficial and their approach to growing a bitcoin business seems very high-time preference.
Glad I'm not the only one who saw this nostr:nevent1qqsxrk6u0nxskasrrgcvt4aszjrjyyg46js0axkgtf58ku82zaeze8spp4mhxue69uhkummn9ekx7mqzyrevjmyh7eqe55u0sn8nlfewyx2xqhscfqykumj3wrxwtdm8n82qqqcyqqqqqqgwjkj97
people are so harsh on them, they promote Bitcoin only, DCA, automatic moves to cold storage ... there are a lot worse actors out there. they have huge amounts of positive Bitcoin content . and, yes, they're capitalists - they want to make money. Is Coinbase a better company ? Is BlackRock ?
These are fair points, just expressing that some of their marketing strategy has rubbed myself, and seemingly others, the wrong way. I would point to River and Unchained as having approaches more in line with how I feel marketing can effectively be better executed.
Yes, and as I have read more of @ODELL notes, he is on the point of not making financial claims that are not backed up which is fair. People are so positive on BRC-20 ("no censorship!!")... well who is funding THAT? Why aren't we asking more questions about that attack on Bitcoin. People give Cory grief on moving off of Primal Trust -- i don't get that, PT was falling apart and as far as I have heard no one at Swan lost any funds. In short, I am not against the points Matt is raising but think some of the piling on of Swan is misplaced angst.
If it’s being endorsed by influencers, stay the hell away from it - Sun Tzu
there's just something about swan that makes me uneasy...
probably just me - I feel like Cory spits out a bunch of big words here in regards to the person running the trading - this clip makes him sound very nonchalant about how this runs and that is a why I am uneasy and won't be using swan any time soon
The best thing about bitcoin (so far at least - staying humble here) is that if you hold on for 4 or so years you don't have to worry about getting paid by anyone.
Probably why they’re scooping up bitcoin influencers left and right.