Three Arrows Capital’s CEO Takes A Jibe On MyCrypto Wallet Founder

Steve Anderrson
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain. Join the official channel of thecoinrepublic, For the latest news updates: https://t.me/thecoinrepublic
  • Taylor Monahan who is the founder of one of the well-known Crypto wallets “MyCrypto”, has been pessimistic towards the growth of Ethereum lately.
  • Su Zhu replied to the tweet by Monahan, Su suggested that it is a disbelief in the crypto space and even called it as a “dumbest idea” to the whole ETH Presale thing.

On Monday, Taylor Monahan who is the founder of one of the well-known Crypto wallets “MyCrypto”, has been pessimistic towards the growth of Ethereum lately. She accused them that the ones who are holding Ethereum, brought it in a presale and raising prices rapidly in the market and made the chain of tweets expressing her opinions.

 

 

MyCrypto is an open-source digital wallet, a client-side tool for handling ERC-20 tokens and can easily interact with the blockchain more easily. Currently, it provides physical devices such as Ledger, Trezor, Safe-T Mini and having an application. This backs Taylor Monahan’s knowledge and experience in this Crypto-currency market.

The tweets made by Taylor Monahan shows that she wants to establish the fact that Ethereum or ICO’s presale plays a very vital role in the market and the marketing campaign does it knowingly to increase the cost of it. The increased cost is the result of this presale; otherwise, the Ethereum can’t see this level of growth in a week.

Su Zhu the CEO and CIO at Three Arrows Capital and a supporter of Cryptocurrency and followed by major players of the industry on twitter.

Su Zhu replied to the tweet by Monahan, Su suggested that it is a disbelief in the crypto space and even called it as a “dumbest idea” to the whole ETH Presale thing.

He backed his claim by giving the example of crypto owners such as bitcoin owners who own major supply of bitcoin are not those who brought it in a presale but brought it after it got popular which shatters the beliefs and rants of Taylor Monahan.

It also said it was not given away and used “r/r” military slang for rest and repercussion to tell that bitcoin rose rapidly it is now because of rest and repercussions were also there. It did not happen at midnight and mentioned it as a “fairest belief weighted distribution ever.”

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