The meme account @BusinessFamous called it: the Twitter profile of Anthony Pompliano, more popularly known as Pomp, was missing a few very significant details: “laser eyes, gone. Bitcoin in bio, gone.” Many wondered if this meant that the Bitcoin influencer has had a change of heart.
Laser eyes, gone.
— 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬𝐅𝐚𝐦𝐨𝐮𝐬 🇺🇦 (@BusinessFamous) September 8, 2022
Bitcoin in bio, gone.
Pretty soon he’ll be tweeting about dividend stocks pic.twitter.com/o5PdBZG9m0
Pompliano, who’s a partner at Morgan Creek Capital, has been one of Bitcoin’s loudest evangelists, so it was strange, especially given the timing, that he quietly removed the laser eyes and Bitcoin hashtag in his bio.
Some responded with mockery, others were disappointed that he’d give up so easily.
It’s disingenuous of him to pivot so hard. Nothings changed fundamentally with Bitcoin. Trees don’t grow to the sky and bear markets are inevitable. It’s that simple.
— Thomas F Murray (@Thomasfmurray3) September 9, 2022
But apparently, the assumptions were wrong. While the tweet was going viral the Bitcoin influencer responded and said that “bear markets are for building,” and that the changes — assuming because he’s ‘building’— shouldn’t be “confused for a lack of conviction in bitcoin.”
I tweeted about bitcoin yesterday.
— Pomp 🌪 (@APompliano) September 9, 2022
People who have been around for awhile know that bear markets are for building.
That’s what I’ve been doing, but don’t confuse it for a lack of conviction in bitcoin 🙂
Early on Friday, Pompiliano posted a note on his Substack to address the speculation and explained that he has not changed his mind about the digital currency.
“The truth is that I haven’t changed my mind on anything. Not only do I still have [a] deep conviction in bitcoin and its future potential, but I have also been buying more bitcoin, both personally and professionally, over the last few months,” he wrote.
And then the investor talked about how his signature laser eyes and #bitcoin in his Twitter bio were “all noise.” He said that while he recognizes that it was this whole Bitcoin guy package that made him who he is today, he regrets tying his entire identity to the digital currency.
And thus the now controversial decision to remove the laser eyes and the hashtag… but he still has a thing for quotable one-liners like “do not let your tongue trap your mind,” and “fear convinces smart people to do dumb things.”
Information for this briefing was found via Twitter and the sources and companies mentioned. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.