Author Topic: Bitcoin suicide.  (Read 99 times)

gm66

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Bitcoin suicide.
« on: May 08, 2018, 11:09:02 AM »
If he was a millionaire then how could he not pay back his investors money, which was less than 280K?

One of the comments says 'i bet he feels foolish now', which i doubt, since he's dead ..

https://www.thesun.co.uk/news/6215123/bitcoin-millionaire-pavel-makushin-russia-st-petersburg/
Civilisation is a race between disaster and education ...

buckworks

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Re: Bitcoin suicide.
« Reply #1 on: May 08, 2018, 04:55:05 PM »
He might have had a million in assets but not necessarily very liquid, not spendable cash.

It's like a phrase we use around here to describe some farmers: "Land rich, cash poor." On paper they're worth millions but they'd have to sell the farm to spend any of it.