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By whose assessment? Not that it is liquid, but that it is a 'false distinction' -- which you have coined here as if it means something. Is a Bond a liquid as
by upsidesinclude 4y ago
By whose assessment?
Not that it is liquid, but that it is a 'false distinction' -- which you have coined here as if it means something. Is a Bond a liquid asset? How do we account for a bond? How does otential liquidity change the nature of an asset?
You have made a very large statement and need to substantiate it.
- Ferrotin 4y agoIt doesn’t matter at all whether you have realized a loss by selling the asset. If they sold the Bitcoin, they could easily buy it back with hardly any transaction costs. I did not actually make a “very large statement”. It is trivial to substantiate (as seen above).
- upsidesinclude 4y agoI can't help but think you have said nothing. Please rephrase whatever argument that you are proposing. >It doesn't matter... Why? >(as seen above) I'm looking up, I just dont...yep, don't see it.
- Ferrotin 4y agoSpend some time thinking about the difference between holding $4M of dollars and $2M worth of Bitcoin, and which you’d rather have. Can you see it now? Or is it still too confusing?
- upsidesinclude 4y agoHahaha, what? This is not an argument. Today, Bitcoin. 100% 2MM$BTC over $4MM. I'm not confused. I know how money is made. You seem to be very unclear on how money is made. Dollars are depreciating at 8.6%. We are immensely fortunate the rest of the world is doing worse