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Bill Ackman is a well-known figure in the crypto world. He is best known for his aversion to Bitcoin. On November 20, he spoke about the resounding fall of FTX. He also spoke well of Helium and Dimo. Not even a week later, he himself begins to criticize Helium. Bill Ackman goes so far as to say that he is not involved in this crypto network at all.

According to Bill Ackman, Helium is not yet generating sufficient demand to justify HNT’s high initial valuations

Bill Ackman under fire from critics

Taking advantage of the fall of FTX, Bill Ackman published on November 20 a long thread of tweets talking about the positive impact crypto could have on society. The American investor particularly cited two blockchain projects: Helium and Dimo.

Bill Ackman was quick to praise Helium, arguing that this crypto project was positioned to become “a valued commodity” amid growing network participation. It even referred to Helium as a decentralized network of Internet access points. A global WiFi network that the company Lime, specialists in electronic scooters, uses.

His comments on Helium obviously earned him many criticisms on Twitter. Some people made it clear to him (with proof) that Lime had never used Helium. Others have pointed out to him that he is not up to date with crypto news at all. Even Cory Klippsten, the CEO of the Swan Bitcoin exchange, replied: “Bill, NO. The Helium token was a real PONZI system. »

Bill Ackman discusses his opinion on the Helium crypto project

Via a new thread of tweets posted on November 26, Bill Ackman wanted to explain himself. But not only ! He also responded to the various criticisms received during his November 20 tweets.

On the one hand, this crypto investor clarifies that he is not involved in the Helium blockchain project at all. On the other, he points out that his remarks were only promoting the interest of crypto and tokenization. According to him, these technologies are indeed useful for creating businesses.

In the space of just one month, Bill Ackman has twice caused a flurry of comments. Wanting too much to give positive opinions on crypto, this leader of the hedge fund Pershing Square often publishes remarks of which he does not measure the consequences.

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