If masa (japans second richest man) took a 130 million dollar loss I’m going to assume he bought around 17k and sold around 11k meaning he had roughly 21k coins.

Today they would be worth 2 billion.

Instead he booked a 130 million dollar loss.

Masa is worth 30 billion, so he isn’t exactly hurting, but that 2 billion dollar position today would be poised to grow to 20 billion soon enough and 200 billion a decade after that.

There’s still time to unfuck the decision, but I doubt he will.

Even the best investors in the world come to Bitcoin and dash themselves upon the rocks.

Don’t expect your friend Steven from college to pick it up over beers and a rousing drunken speech by you about the evils of central banking lol 😆

So basically, have system that rewards for good behaviour rather than punishes for it (like we currently have)?

Are you suggesting then, that given a sound money system, they would act more ‘righteously’ than they currently do? That there’s no other reason, besides fiat, that leads them to act the way they do?

The immigration/H1-B conversation over on Twitter has entered Phase 2 of the boss battle.

Missing the old days of gaming tonight.

If you have twitter still, I would appreciate your Like/RT to push back on these hucksters trying to claim that Bitcoin is a Chinese Op that is bad for America.

Those hucksters are Gen Mike Flynn and Michael Yonn — both men I respect, but must be pushed back on here.

I don't know the name of the artist, but in Japan they have a very popular pop star that kids and teenagers go crazy over. I saw a YouTube video of this pop star giving a concert and all the kids going nuts over. The pop star was complete AI. The musicians were real, but the singer and the vocals were AI produced.