“I’ll be surprised if Bitcoin is here in five years. It’s a means to an end.” says new BitReserve COO, Anthony Watson who bailed as Nike CIO after only 10 months because he apparently didn’t like the nightlife in Portland. That’s according to a Fortune article about Watson that strangely glows at certain characteristics and ideas of his that would normally raise flags, especially for an executive about to take the reigns of a bitcoin startup.
BitReserve, a company that allows its customers to store bitcoin as real-world currencies, might have been looking at Watson’s prior gig as CIO of Europe, Middle East, and global operations at Barclays in London as his main credential. His status as an outspoken gay-activist and GLADD board member apparently played a big role in his hiring, according to CEO Halsey Minor.
Watson claimed he suffered “culture shock” in Portland and describes himself as a “hot mess” on his Twitter profile, reminding his followers, “Life Is Short: DO EPIC SHIT :)” He glibly tweeted his new position yesterday, “It’s official! Moving to the city of smoothies, skinny people and sunshine to be President and COO of BitReserve.” And soon after retweeted this:
Watson included a link to the Fortune article describing the circumstances of his new hire and his departure from Nike, which can be taken as a personal endorsement of its accuracy and tenor. The article contains a number of quotes from Watson that shed light on his strikingly sour outlook for bitcoin.
“The value of bitcoin isn’t the currency, but the technology. I think once the world becomes more accustomed and attuned to the platform of bitcoin, the noise will go away, and the currency will go away too.”
A curious position for a person BitReserve wants you to trust with your bitcoin. The article ended with more unflattering revelations about Watson:
What’s next? Naturally, television. Watson says he has been asked to do a reality show in Los Angeles. He’s thinking about it. “I probably won’t have the time to do it,” he said, “but it’s flattering.”
BitReserve has made a skinny-person loving, Portand hating, reality show optimist, bitcoin pessimist the president of their company. He’s to join founder/CEO Halsey Minor who carries a checkered resume of insolvency. The founder of CNET in 1993, Minor went on to found Carter’s Grove LLC which filed for bankruptcy with more than $72 million in debts. In 2012, he was listed as California’s #1 delinquent taxpayer, owing over $10 million.