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The charity he donated to is going to liquidate it over time to protect the community. It's ridiculous. https://twitter.com/CryptoRelief_/status/13925590577649

• paulpauper 5y ago
  this is why in finance the most obvious or intuitive prediction or outcome is often the wrong one. "omg..he sold his stock/crypto/token etc., therefore it must fall a lot!" He should have just sold thee shib, convert to $, and cut the check. Too much of charity these days feels like moving assets around and money instead of donating. That is why the UBI is so popular, because it gives the money to the people instead of middlemen, bureaucrats, admins, and money changers.
  • baq 5y ago
    Taxes!
• Havoc 5y ago
  That protects nothing. Constant sustained selling pressure drives something down just as well as someone dumping. In a way it’s worse because it’s certain and there is no room for hope of a quick recovery like in a crash