LogFAQs > #976532408

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Topic	Twitter's Worth Went From $44 Billion to $8 Billion Under Musk's Leadership
Yawn_Master2 10/07/23 6:08:53 PM #73:	Tyranthraxus posted... Sure they got cash. See if I buy a box of $10 million gold for cash, the guy who sold it to me gets $10 million in cash and I get $10 million in gold. If I lose half the gold, the $10 million in cash and gold both still exist, the wealth in gold is simply allocated differently. But that's not what happened to X. The wealth isn't allocated differently, it's just gone. It was mirage. Yeah, the market wealth got eliminated. It happens all the time. Your argument: The fact that he can just piss away that wealth andnobody really even feels itmeans the wealth was never real in the first place How does market wealth getting eliminated indicate the wealth was never real in the first place? So now we have two multi billion dollar enterprises evaporating wealth that never existed. Is your argument: Entities arose from $0 to billions of dollars. Then some of the billion dollars went away. Therefore it was always $0? If so. Are you feeling ok? Like, do you need to go to a hospital? --- "Trying to define yourself is like trying to bite your own teeth." <cite>Yawn_Master2 posted [p:976532408] in Twitter's ... [t:80587700]...</cite> <quote>Tyranthraxus posted... </cite><quote>Sure they got cash. See if I buy a box of $10 million gold for cash, the guy who sold it to me gets $10 million in cash and I get $10 million in gold. If I lose half the gold, the $10 million in cash and gold both still exist, the wealth in gold is simply allocated differently.But that's not what happened to X. The wealth isn't allocated differently, it's just gone. It was mirage.</quote>Yeah, the market wealth got eliminated. It happens all the time.Your argument: The fact that he can just piss away that wealth andnobody really even feels itmeans the wealth was never real in the first placeHow does market wealth getting eliminated indicate the wealth was never real in the first place?<quote>So now we have two multi billion dollar enterprises evaporating wealth that never existed.</quote>Is your argument:Entities arose from $0 to billions of dollars. Then some of the billion dollars went away. Therefore it was always $0?If so.Are you feeling ok? Like, do you need to go to a hospital? --- "Trying to define yourself is like trying to bite your own teeth."</quote> ... Copied to Clipboard!
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