Did he actually cash out the full $2 billion or some portion of it? I cannot imagine wanting to put $2 billion in cash, but I could imaging cashing out some portion of it, maybe even $10million to $100 million.. if the guy might have had some specific purchase in mind.
My thoughts exactly. Who needs to have $2B in cash? Even having a tenth of that in cash is overkill.
If I had that much I would take out a few hundred mill, live my best life and no longer care about the price of Bitcoin since the rest would go to my descendents. I doubt I would even spend half of the withdrawn cash within my lifetime.
Yeah 2 billion is enough.
Not sure of prior wealth for the person.
But I would imagine the person had some wealth. SAY low millions 5-10.
Cashed 100,000,000 just in case.
And holding the rest just in case cap gains become tax free.