But he hasn’t realized his losses yet - HODL!
That's not really how that works. He just reduced the value of the site. He nuked value out of existence.
elvith@feddit.de 1 year ago
chicken@lemmy.dbzer0.com 1 year ago
Twitter having overwhelming dominance may have had value to shareholders, but IMO that is at the expense of everyone else. Not having to use Twitter is valuable.
Fraylor@lemm.ee 1 year ago
I mean he did spend 44 billion prior to said nuking. Site isn’t worth as much now sure, but the volume of currency still traveled into the hands of others.
NoneOfUrBusiness@kbin.social 1 year ago
Good point actually.
DogMuffins@discuss.tchncs.de 1 year ago
Is the previous owner also a fuckhead though?