Tuesday, July 28, 2015

The Mike Tyson Bitcoin ATM

There's a new bitcoin fanboy.

Mike Tyson tweeted on Saturday the link to a website advertising the "Mike Tyson Bitcoin ATM" coming in August of this year.

 "I'm very proud to be a part of the Bitcoin revolution," Tyson said in a statement provided by his spokeswoman to CNBC. "Digital currency is the future and the more I learn about it the more intrigued I become. Digital currency is going to level the playing ground for those that want alternatives for financial freedom."

But CNBC reports:
[T]ech news site SiliconAngle reported that Tyson himself may have been "suckered into a deal by a fast talker who has promised him millions if he gets involved and lends his name to the enterprise." It cited MikeTysonBitcoin.com's registration to a Peter Klamka, who is connected to Bitcoin Brands—a firm with a paltry $6,780 market cap according to Google Finance.
Speaking to CNBC over the phone, Klamka disputed that account, saying that Bitcoin Brands has nothing to do with his Tyson venture, which operates under the moniker Bitcoin Direct LLC.
This new firm (which Klamka says is a subsidiary of cattle companyConexus Cattle "for financing") seeks to create a whole suite of celebrity bitcoin-related products.
It is not clear if Tyson considers bitcoin part of a Hayekian revolution in competing currencies.



  1. Mr. Wenzel I challenge you to a debate on bitcoin. - Jeff Berwick, The Dollar Vigilante

    1. Oh for goodness sakes, yes. Pretty please. RW simply must get his head properly oriented toward something as important to liberty and free market economics as cryptocurrency. My arguments are here are ignored. Maybe Jeff will have better luck getting through.