@Barthazian@TylerSbrt@midjourney Agreed, but why would they do that when they can get all the benefit of hyping a product vs actually delivering on it.
@IncomeSharks@omgsidewalks And then? If markets are efficient, then people will recognize the stocks are being unloaded at below actual value and buy it up, which will correct the price to actual value.
@BobLoukas "in crypto" is doing a lot of heavy lifting here. His grift is far more expansive, and shockingly, people are far more willing to turn a blind eye to all of it. A moral reckoning is required and I dont see that happening anytime soon.
@aleabitoreddit He bought a company not worth 60 billion with money from SpaceX which is not worth 3 trillion. I imagine looking at reality on both sides the math works out.
@adriannoted@Tradermayne When they stop borrowing against it and paying taxes on liquidating it maybe. As long as they are treating it as liquid for their own finances then I don't see a problem with her doing the same. Goose meet gander.
@Bluntz_Capital@vivideonic@RoboStrategy You can love Figure and still balk at $BOT. At current 5x Nav and figure only being a part of their port, for every dollar you put in to $BOT you are getting 4.5 cents of Figure exposure. It needs to 20x just for you to break even if everything else rerates to 0.