/biz/ - Business & Finance

[Anonymous No.28330671]

Elon really opened himself up to a lot of risk. Seeing as the Chinese control btc, they can easily work to dump it 90% and turn Elon's 1.4 billion investment into 100 million

[Anonymous No.28330744]

>>28330671
>Seeing as the Chinese control btc
nice meme

[Anonymous No.28330817]

>>28330671
holding cash is the biggest risk.

[Anonymous No.28330957]

>>28330817
The USD will never dump 90%

[Anonymous No.28331133]

>>28330671
Why would the Chinese care about reducing Elon’s net worth by a tiny percentage by pulling such a difficult move? If the wanted to attack Elon for whatever reason, they have much more effective cards available.

[Anonymous No.28331254]

>>28330957
fucking idiot. pic related

[Anonymous No.28331299]

>>28330957
>90%
you are right only 50%

[Anonymous No.28331604]

>>28331254
Based retard. Look at how stable the USD has been since the early 80s, the literal opposite of a risky asset.
Yes, you will lose money if you hoard cash for decades, but why the fuck would you do that? Holding cash is perfectly legitimate to avoid risk in the short term.

[Anonymous No.28332107]

>>28331604
stay poor.

[Anonymous No.28332252]

>>28331604
>like half of all USD printed in the past 12 months
>stable
lol

[Anonymous No.28332375]

>>28332107
Post body and portfolio

[Anonymous No.28332737]

>>28330671
the price of Tesla jumped 2% which is more than the 1.5 billion he invested in BTC to begin with lul

[Anonymous No.28332844]

>>28330671
>China dumps all its BTC
>millions of people who missed out the first time around fomo into the dump
>China is priced out of BTC
All Elon was trying to do was save America guys, geez