Samson Mow, Blockstream’s CSO, has been in a difficult dichotomy these last days. While being a little occupied in fixing the designs of his new plush toys for the ‘Magical Crypto Friends’ show, he has had some time to think about the results of the Bitmain IPO. This is something that has troubled him since the company opened its books to the world and confirmed they were not going bankrupt, as opposed to what Samson and his Twitter sockpuppet BTCKING555 were spewing on social networks.

Bitmain had a wonderful Q1 despite the bear market crypto has been in since December 2017, when cryptocurrency prices reached all time highs. According to their numbers, revenue increased sevenfold and operative profits also reached record figures. Yes, there are new players in the mining hardware field, but no one as large and proficient as Bitmain. But as they say, a lie told a thousand times becomes a truth and it seems that Samson Mow is aiming for this just like Blockstream did with their narrative over the last years. He has continued with his FUDding on social media as if it’s his full-time job, despite the empirical evidence surrounding Bitmain, which is quite puzzling for a CSO of a company that has no viable products.

This attitude tells it all. To refer to a big enterprise’s Initial Public Offering as “stupid” sets the mood for the threads that Samson and his acolyte BTCKING555 publish. Here on a few tidbits of the thread, Samson knowingly spreads FUD once more. Stupidity can be forgiven, but malice can’t.

It comes as no surprise to anyone that has studied the history of Bitcoin, that after a bull market of ATH’s we experience a steep correction period. BTC is down 70% at its worst point this year and many other shitcoins are down over 90%. But to say the Bitcoin Cash holdings of Bitmain are illiquid is pure idiocy; has this trading noob ever heard of OTC? This is where big players like Bitmain trade, off the exchanges that don’t have the capacity to trade millions of USD worth of crypto, in order to direct deal with other big players looking to buy/sell between fiat and crypto. No Samson, you are wrong. Blockstream is the one company that eroded the trust of people in Bitcoin, by pushing a highly complex second layer solution that destroyed Bitcoin and fractured its value into hundreds of shitcoins. Yes, we are talking about the Lightning Network; the convoluted solution to scalability, tx speed and fees. Lightning Network is Blockstream’s way of selling Bitcoin to banks, the guys who have the capacity to run LN nodes and facilitate users payments on that platform. Bitcoin Cash originated because of this and it has been pursuing the simple on-chain solution to these problems, that will let users be the owners of their money. Ad hominem attacks do nothing but once more prove that you are wrong.

Samson Mow seems fixated on continuing with these illogical attacks against Bitmain, because the biggest company in crypto has bet big on Bitcoin Cash, but the only thing it does is make him look bad. Especially when he is CSO of Blockstream, game designer and plush toy seller.