Shai Deshe Denies Owning 5% of Kaspa’s Total Supply

The Origin of the Rumor

Recently, cryptocurrency enthusiast and influential figure Shai Deshe, known on Twitter as @DesheShai, found himself at the center of a peculiar conversation concerning his supposed ownership of 5% of Kaspa’s ($KAS) total supply. This conversation caught the public’s attention when Deshe shared his bewilderment on social media.

I had the weirdest conversation today $kas. Someone asked me “It is known that you mined 5% of the supply, so why don’t you use that to fund your educational project.” I blinked and asked, “do you actually think I hold 5% of the supply?” and the reply was “many do bro, they think… – Shai ❤️ Deshe 💜 Wybors𐤊i 💙 (大胡子) (@DesheShai) March 17, 2025

Deshe’s Clarification and Community Reaction

In his tweet, Shai Deshe immediately clarified that he does not, in fact, hold such a significant share of Kaspa. His response was direct and to the point, denying the rumor and highlighting the misconception that some in the crypto community seem to harbor.

Key Takeaways from the Conversation:

• Deshe was asked about funding an educational project with his supposed Kaspa holdings.
• He debunked the myth by questioning the logic behind the assumption of him owning 5% of the supply.
• The reply to his query was revealing, showing that this was a widespread assumption among some followers.

Netizens Weigh In

Following the tweet, comments ranged from surprise to humor, with many expressing their disbelief at the spread of such rumors:

Summary of Comments:

1. Disbelief: Many commented that they were shocked to see misinformation about such a prominent figure in the community, questioning how these myths start.
2. Support: Several followers showed support for Deshe, appreciating his work in education and stating that his contributions are valuable regardless of his holdings in any cryptocurrency.
3. Humor: There were light-hearted comments playing on the idea, with users joking about expecting Deshe to launch a new crypto project with his “secret stash.”
4. Concern for Accuracy: A segment of the community used this as an example to discuss the importance of fact-checking within the crypto space, noting that misinformation could lead to misguided investment decisions.

Conclusion

The incident serves as a reminder of how rumors can quickly gain traction in the volatile and often speculative world of cryptocurrencies. Shai Deshe’s handling of the situation, by openly addressing the misconception, provides a lesson in transparency and community engagement for others in influential positions within the digital asset sector.