Price of Cybertruck when ordered: 6.59229 BTC
Current price of my Cybertruck:
Current price of my Cybertruck:
I added this to the OP. Fun to see the price of Cybertruck fall so much in BTC terms so quickly. Could you imagine what this forum's reaction would be if Elon posted here?
"Tesla is a scam! Elon Musk isn't being honest about the value decline of his vehicles!" LOL
More seriously, this is a very good example of why things cannot be priced over time in BTC terms. The price change is 100% a reflection of Bitcoin's exchange rate movement and nothing to do with the underlying asset, in this case the Tesla Cybertruck which has only become more valuable over this price period.
I posted this in my Tesla thread but it seems appropriate as a response here. Claiming you’ve lost money because something you purchased didn’t rise in value as much as BTC is not only wrong, it’s an attack you could make against any BTC project, service, or good, and doing so makes you an enemy to anyone engaging in any of those activities (e.g. anyone who actually uses Bitcoin). Literally everything in the world “lost value” measured in BTC. Using that as a way to attack this project is not only dishonest, it’s an insult to people who understand basic finance and an attack on those that actually transact in Bitcoin.