UTXO. We came full circle, I had to share, but note how he went to Wiki.

My Buddy:

"It’s Wiki so take with a grain of salt. The $6B was the loss he took as a result of the stock dropping due to the fraud settlement. It looks like he also has about $400M personal holdings in bitcoin so I would say he has a vested interest in it succeeding as a concept.

Good lord, watch The Big Short if you want to see how fraudulent banks are. Great movie and eye opening. It made a lot of sense now that I understand the mortgage business. Banks are bad."

Then he added this gem:

"It’s all make believe. We are in the middle of selling/purchasing MSRs. These are assets that represent the servicing of a securitized group of loans. An asset? Really? "

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