From Redditor Apprehensive_Shoe_86, a brilliant summation of why the Keisers of the world have fled to non-taxation areas to dump their BTC for real estate and lambos:
“IF I PUT $100 IN BITCOIN IN 2010 I’D HAVE $2.8B NOW.”
No.
If you bought $100 of Bitcoin in 2010 and watched it go to:
$1k → $100k → $1.7M
and did nothing
Then watched $1.7M go to $170k
and still did nothing
Then watched $170k go to $110M
and still did nothing
Then watched $110M wither to $18M
and still did nothing
Then watched $18M surge to $390M
and still did nothing
Then watched $390M deteriorate to $85M
Then watched $85M climb to $1.6B
and still did nothing
Then watched $1.6B shrink to $390M
and still did nothing
Then watched $390M surge to $2.8B
and then for some reason finally decided to do something…
Then yes, $100 in 2010 would be worth $2.8B today.
