“If I put $100 in Bitcoin in 2010, I’d have $640 million now.”
No.
If you bought $100 of Bitcoin in 2010 and watched it go to:
$1k → $38k → $280K
and did nothing
Then watched $280K go to $25K
and still did nothing
Then watched $25K go to $2.6M
and still did nothing
Then watched $2.6M → $730K → $13M
and still did nothing
Then watched $13M deteriorate to $2.5M
Then watched $2.5M climb to $240M
and still did nothing
Then watched $240M shrink to $38M
and still did nothing
Then watched $38M surge to $640 million
and then for some reason finally decided to do something…
Then yes, $100 in 2010 would be worth $640 million today.
It blows my mind how many people are complaining that Elon became the first trillionaire.
First, most of it is paper wealth tied to equity in his companies. He could not turn it into real cash without dumping shares, which would crash the price and shrink his net worth massively.
“But he can borrow against his shares.” Sure he can. That does not make him richer. A loan still has to be paid back, the shares stay pledged as collateral the entire time, and if the price drops he gets margin called. He’s just leveraging paper.
You would be much richer holding $1 million in cash than owning 25% of a company worth $4 million, even though both equal $1 million on paper.
Second, come on. He actually changed the world. A lot of these people complaining drive electric cars because they care about emissions. Those cars would not be mainstream if Elon had not built Tesla. Millions of people in rural and remote areas have internet because of Starlink. SpaceX is the only reason NASA is not still paying Russia to send astronauts to the ISS.
You can hate the man. You can hate his politics. But pretending he is not one of the most consequential entrepreneurs of our lifetime is just dishonest.
🇺🇸Todos habéis visto ya este video que se grabo en las inmediaciones del Area-51 en Nevada, muy cerca del llamado Test and Training Range (NTTR) por el canal de YouTube "Project Fear".
Pues bien, no tengo duda alguna de que se trata del Boeing F-47 del que os dejo las imágenes publicadas ya hace un tiempo.
-mismos planos canard
-misma inclinación en la punta de las alas
-misma disposición estructural
@FilonenkoOles Примерно такая газонокосилка briggs & stratton была в начале нулевых, и тоже с аккумом, заводилась сама🤗 и никогда не ломалась кстати. Перемалывала все, что под ножи попадалось.
Скоро у каждого в мире держателя VISA и MASTER CARD будет подключение к криптовалютам и стейблкоинам - покупка, продажа и переводы практически без комиссии - 24/7 по всему миру
Мастеркард уже внедрили на 3,6 миллиарда человек