cross-posted from: https://lemmy.world/post/23222473
Anyone know how this is being accounted for?
Which of his assets gained him like 200+billion in the last year?
I know twitter lost value after he financed it through the saudis, so he must have gained somewhere else, anyone want to save me a Google?
So if I own a single dollar and tell everyone it’s a trillion worth … does that make me rich or am I a fool?
No, it has to be something more imaginary than a dollar, and someone else has to actually give you a dollar for it while you claim it’s only one trillionth of the amount of imaginary things you could sell to people.
Note a while ago a youtuber did a stunt to illustrate: https://www.youtube.com/shorts/8SYIksrZeu4