"Thank you for spending all those bitcoins, Lazlo, but I'll never make such a financial blunder"
Do you see the double speak?
"Thank you for spending all those bitcoins, Lazlo, but I'll never make such a financial blunder"
Do you see the double speak?
Calling it a blunder is not fair.
Its an object lesson on Subjective Marginal Value theory and Time Preference.
People act as if it was his whole stack, but the guy figured out how to mine bitcoin with ASIC's and built macOS.
I'm sure he still has plenty of bitcoins.š¤£
Definitely
Itās small minded to think purely in stack size and not flows across time. Unfortunately most people seem to have this issue and this kind of pandering works.
They don't get it