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To: Regulator

This is not that impressive.

There was a guy trying to auction off 10,000 Bitcoin for $50 sometime in 2010. $50 is throwaway money, risk-wise.

That would be worth over $380,000,000 as of this writing. (That’s with the recent cratering of crypto.)

Not bad for the price of a couple of mediocre steak dinners.


18 posted on 02/22/2022 12:00:00 PM PST by fwdude (Every time I see someone voluntarily masked in public, I know I'm looking at a vaccinated person.)
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To: fwdude
There was a guy trying to auction off 10,000 Bitcoin for $50 sometime in 2010. $50 is throwaway money, risk-wise.

That would be worth over $380,000,000 as of this writing. (That’s with the recent cratering of crypto.)

Big deal. You know how much tax that guy would have had to pay? It's just not worth it.

/s

21 posted on 02/22/2022 12:08:12 PM PST by gw-ington (My preferred pronouns: she, him, it, what, huh, senile, puppet, hyena, headboard, stolen, election.)
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To: fwdude

Yeah. Guy who sat next to me for the last 5 years of my working life bought $2K bitcoins back in like 2011-ish.

I don’t know why he bothers to work still but he does.


22 posted on 02/22/2022 12:09:48 PM PST by Regulator (It's fraud, Jim)
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