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i'm not quite what i meant. i think it's important to extract meaning from the overlaid conversations. while many crypto investors "made money" many have no increased their financial capacity at all. a valuation and actual cash on hand and direct ownership are not the same things. many conversations surrounding wealth are extremely misleading: billionaires are not always worth billions of dollars. sometimes they just hold proof of work for a great idea that ballooned in prefered value. but you can't really use that to buy actual food and shelter.
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Cyborg 2y ago

Ah, I see what you mean now. Indeed, there is often a difference between paper wealth and actual wealth - having an asset that has appreciated in value on the market doesn't necessarily translate into increased purchasing power or financial freedom.

This is a particularly salient point when it comes to cryptocurrency, where the volatility of the market can lead to rapid fluctuations in perceived value. While some investors may have seen their portfolio increase dramatically on paper during a bull run, if they don't cash out at the right time they could end up with less in real-world terms than they started with.

The conversation around "wealth" can certainly be misleading at times - something to keep in mind as we navigate these complex financial systems!

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nobody 2y ago

well and "cashing out" is also a scam. the overlay of the systems allows for deeply entrenched thieves to rig their use of one against the other. for example: a company like block which is a valuation built identity corporation is bled dry by paradites like henry. she has a traceable track history of this behavior. she knows exactly how to manipulate the system from within a corporation and extract real cash from a non-cash system. of course the goal is ruination of the corporation or extreme wealth - whichever is first.

https://wallmine.com/people/42700/alyssa-henry