Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
the artful bodger
on 08/06/2018, 01:00:54 UTC
http://fortune.com/2018/06/07/blockchain-firm-r3-is-running-out-of-money-sources-say/

mike hearn's pet R3 is running out of money.

how do you run out of over $100 million? do you eat the money? do you shovel cash into your heating boiler? in silicon valley is a million dollars a euphemism for $10,000?

Unfortunately $100 million means nothing to bankers. They deal in such big sums of money that some of them have started saying a dollar when they mean a million dollars. They would say they spent a hundred dollars on R3, not $100 million.