Selling Bitcoin doesn’t mean you’re not bullish: Cypherpunk CEO
Cypherpunk is one of the first public firms in the world to ever invest in Bitcoin and it opted to sell 100% of its crypto by June 2022. Despite a massive wave of liquidations on the cryptocurrency market, some companies that sold their crypto over the past few months are not bearish on Bitcoin (BTC) at all.Canada-based investment firm Cypherpunk Holdings was one of the companies that opted to sell crypto amid the crypto winter of 2022, liquidating 100% of its Bitcoin and Ether (ETH) by June. One of the first public companies in the world to ever invest in Bitcoin, Cypherpunk said at the....
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On Tuesday, the Canada-based investment firm Cypherpunk Holdings Inc. announced that the company has sold all of its bitcoin and ethereum due to the “risk of further significant drawdowns.” The company has transitioned its treasury to cash after selling 214.72 bitcoin and 205.82 ethereum as Cypherpunk Holdings continues “to see systemic risks propagating” across the crypto economy. Cypherpunk Holdings Sells All of the Bitcoin and Ethereum on Its Balance Sheet Crypto winter has done a lot of damage since the bull run’s price highs, as more than $2 trillion....
Zooko Wilcox-O’Hearn found the cypherpunks mailing list when he was 19. Since then, he has been lucky enough to work on cypherpunk-oriented technologies for most of his adult life. Currently, Zooko is the CEO of Zcash, which is a truly anonymous alternative to Bitcoin. Zooko was recently interviewed on Epicenter Bitcoin, and he shared some of his thoughts related to the recent revival of the cypherpunk movement. In his view, Bitcoin has given this technological revolution new life. Who Are the Cypherpunks? The definition of a cypherpunk tends to vary based on whom you ask, but the....
Zooko Wilcox-O’Hearn found the cypherpunks mailing list when he was 19. Since then, he has been lucky enough to work on cypherpunk-oriented technologies for most of his adult life. Currently, Zooko is the CEO of Zcash, which is a truly anonymous alternative to Bitcoin. Zooko was recently interviewed on Epicenter Bitcoin, and he shared some of his thoughts related to the recent revival of the cypherpunk movement. In his view, Bitcoin has given this technological revolution new life. Who Are the Cypherpunks? The definition of a cypherpunk tends to vary based on whom you ask, but the....
The crypto industry tends to give "cypherpunk" vibes a great deal of lip service without much attention to their real values.
Examining the various innovations that led to the Bitcoin white paper shows us that only Bitcoin continues the Cypherpunk ethos.