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- Gate July 2025 Transparency Report:
Accelerating Leadership in the Global Crypto Landscape!
#GateTransparencyReport# - 📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
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Post your - 💙 Gate Square #Gate Blue Challenge# 💙
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Ripple CTO: MicroStrategy Won’t Do Well if BTC Plunges - U.Today
Schwartz has predicted that the company will do "very poorly" if the Bitcoin price ends up plunging
"Blink twice"
The comment comes amid the latest controversy surrounding the leading corporate Bitcoin holder
On Monday, Nick O’Neill, co-founder of BoDoggos Entertainment, sparked some controversy with his follow-up video regarding Strategy
O’Neill, who harshly criticized Strategy, suddenly posted a "clarification" video, during which he read a statement that sounds like a forced retraction. "For the avoidance of doubt, let it be known that 1) MicroStrategy is not a Ponzi scheme…3) Michael J. Saylor is legally and officially a good person…" the statement said
The video, which has now accumulated more than 1.2 million views on the X social media platform, sparked plenty of discussions on social media
It appears to be obvious that O’Neill had been contacted by Strategy lawyers
"Bink twice if you got a cease and desist," one social media user quipped in response to the sudden U-turn
"What he was saying was dumb"
The Ripple CTO is also convinced that O’Neill was "coerced" into recording the latest video, meaning that the original videos actually reflect his actual opinions. "MicroStrategy, which we are free to agree with or think is nonsense as we please. I'm sure he wasn't happy making that statement," he said
Schwartz claims that O’Neill was supposed to realize that what he was saying was "dumb."
That said, he does not think that companies "should make people afraid to share their honest opinions of them."