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Reason: None provided.

My point was his assets are entirely in BTC. Saying 1mil BTC translates to him being multi-billionaire in fiat currency doesn't mean anything unless he cashes out.

So yes, he's still a multi-billionaire in BTC, just like owning 100 tons of gold will make you a multi-billionaire in gold (because fiat is used as the benchmark for value).

160 days ago
1 score
Reason: None provided.

My point was his assets are entirely in BTC. Saying 1mil BTC translates to him being multi-billionaire in fiat currency doesn't mean anything unless he cashes out.

So yes, he's still a multi-billionaire in BTC, just like owning 100 tons of gold will make you a multi-billionaire in gold.

160 days ago
1 score
Reason: Original

My point was his assets are entirely in BTC. Saying 1mil BTC translates to him being multi-billionaire in fiat currency doesn't mean anything unless he cashes out.

160 days ago
1 score