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The Peter McCormack Show

Reviewing the Bitmain IPO with Samson Mow & Katherine Wu - WBD041

The Peter McCormack Show

Peter McCormack

Power, Politics, Government, Markets, News, Society & Culture, Technology, Society, Inflation, Finance, Bitcoin, Economics, Money

4.72.8K Ratings

🗓️ 26 October 2018

⏱️ 52 minutes

🧾️ Download transcript

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0:00.0

Welcome to the What Bitcoin did podcast.

0:05.0

Hi there, how are you all?

0:08.0

Welcome to the What Bitcoin did podcast.

0:09.0

Today I have an interview with Samson Ma'o,

0:11.0

Catherine Wu, where we discussed the proposed Bitmain IPO and also

0:14.7

quite interestingly today, Coin Desk reported that investors had received pitch decks,

0:19.3

falsely suggesting the company had secured financial backing from Digital Sky Technologies Global and

0:24.7

GIC Private Limited.

0:26.1

I've included a link to that article in the show notes as there are possible legal implications

0:30.2

for Bitmain should this be true so that's worth having a read of I wanted to

0:33.9

record this episode as I have read through the prospectors and a whole bunch of

0:36.9

the commentary from various analysts and different articles on medium and posts

0:41.2

on Twitter and there were a number of things that I felt were

0:44.0

whether you're discussing specifically the H1 figures for 2018 which were kind of

0:49.6

concealing quite a significant loss for Q2, the level of Bitcoin Cash that is on the balance sheet and

0:56.2

how that's been accounted for, the innovation and competition, or arguably lack of innovation,

1:01.8

and how bit may not

1:02.6

potentially falling behind some of their competitors and

1:04.9

some of the misrepresentations to investors.

1:07.7

So links to all the documents and all the articles I've read are in the

1:10.6

show notes they're worth taking a good look through if you have any

1:13.2

questions always feel free to reach out to me my email address is hello at what

...

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