On Aug 6th, Founder of the capital management firm Morgan Creek
Antony Pompliano during an interview OLeary asked Pomp how much he had invested in Bitcoin, Pomp responded that 50% of his net worth is in Bitcoin.
Will you believe in investing 50% on bitcoin?
Rather than him speaking in parable, he would have just gone directly to telling the world exactly how many bitcoin he holds, then let the public just be the ones to do the arithmetic for him. If he is just saying his net worth, how are we supposed to know his net worth, because what they record in the internet sometimes is not the truth about them.
If based on the way we imagine him to be rich and he said he has 50 percent net worth of him in bitcoin, then he should be seen as one of the whales that are manipulating the market, because he is not much of an institutional investor, so why would he own such amount of money in bitcoin other than for him to use it to manipulate the market and I am also sure that majority of his coins is gotten through manipulation.