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Sure, if you believe crypto is a currency.
by bryanlarsen 1y ago
Sure, if you believe crypto is a currency.
- Macha 1y agoIt’s not super relevant. If you were responsible for managing a property for someone and instead sold it outside your agreed authority and dumped the money into nvidia shares in 2020, you’d still be in trouble with the owner of that property even if the nvidia shares did better in USD terms than the property would have
- bryanlarsen 1y agoYes, which is why SBF is in jail for 25 years.
- BobaFloutist 1y agoOk, I deposit stock shares, you lose 50% of them under the couch, but the stock price goes up 110% so when the government seizes and liquidates your assets I have slightly more cash than the original value of what I deposited. Did you lose me money?
- bryanlarsen 1y agoI didn't lose you your stake, I lost you your gains. Losing the gains put SBF in jail for 25 years. Mothballed original comment was "So I'm thinking the crime would be nothing,".