Post
Topic
Board Economics
Re: What if crypto vanishes?
by
deisik
on 25/01/2020, 06:19:57 UTC
The only people who will truly get hurt, are the ones that are neck deep and in crypto and have no current alternative source of livelihood. Like the guy who sold his house to buy bitcoin - biggest gamble ever

I'm not sure whom you are talking about

If you are talking about the famous dude from Canada who has sold his house in 2014 for 600 bitcoins (he made quite a noise around the forum at the time), it was not his home. He inherited from his parents if I'm not mistaken. Then Bitcoin crashed below 200 dollars, and some people were making fun of him, while others related to him. But ultimately he turned out a winner as he just kept his coins, and it paid off handsomely at the the end of the day. Don't know what's become of him lately, though. Anyone?