lol, yep

I saw that post. I think he was trying to refer to the decline in purchasing power of the USD?? Not sure why he added ‘overnight’.

True but the lira will never recover, for bitcoin you wait and everything is fine

1btc=1btc the lira goes down in absolute value and does not return

Only paper losses I hope, but yeah, you’re right

He didn’t lose anything if he didn’t sell, which he said he didn’t.

Wording could have been better.

If you denominate your bitcoin wealth in fiat that might be the case. But even if you denominate it in fiat unlike bitcoin fiat doesn’t regain purchasing power once it loses it

I did the math and realized I started after him but I'm in significant profit and he's break even.

I also have no massive business to bring in revenue and no yacht to pout in if bitcoin goes to 0.

I like his thinking and commitment, I don't like hero worshipping the rich just for being rich.

But he is talking about the Lira right I am so lost 😞

He's just trying to get McDonalds corporate treasury to ape in so that he doesn't have to liquidate his debts