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> Most billionaires don’t have billions in liquid cash, they almost all have illiquid property, stocks, bonds, etc. Agreed on the first, the latter are pretty
by Veratyr 9y ago
> Most billionaires don’t have billions in liquid cash, they almost all have illiquid property, stocks, bonds, etc.
Agreed on the first, the latter are pretty liquid, save for say 20% of Stripe's market cap, for which a private buyer can likely be found.
> Selling off some of these assets would cause a very similar effect, and often they can’t easily be sold at all.
I'm sure you can find buyers for them though, I'm not sure who's going to buy >$1B of ETH.