Post
Topic
Board Bitcoin Discussion
Re: Elon Musk is getting boring!
by
franky1
on 26/05/2021, 01:01:16 UTC
The very fact that he ended up "world's richest person"


anyone can copy elon musk to be on paper the richest person
stage one
realise elons riches are not based on money in the bank. but based on valuations of markets he created

stage two
realuse the valuations of the markets he created are not backed dollar by dollar.

step three
create a premined altcoin of 1 trillion coins. and get some sap to publicly buy a single coin for $5
and instantly you are hoarding a market valued at a market cap of $5trillion

its cheap to become a multi trillionaire on paper.

..
the next bubble to burst is the stock market when investors realise these fiat markets are not worth the market cap valuations. becasue the market cap valuations are not based on any backed dollars per share/stock. they are based on current single shre price multiplied by shares available.. much like step three