A friend of mine lost money in MtGox. They recently got the cash component of the creditors payout. This small portion of their payout was a 90% profit on their initial investment. It has beat inflation by 300%. It is more than 200% better return than the ASX200 over the same time period.
Moral of the story: Getting robbed in Bitcoin gives better returns than fiat investments.
#bitcoin #MtGox
Azz
npub1wv…tjhd0
2024-04-19 03:04:56 GMT
Author Public Key
npub1wvtljy7rmeeeaqat9hwxwq9g7h90ghavtgpvd2yxk400ndlrf4qsytjhd0Seen on
wss://nos.lolPublished at
2024-04-19 03:04:56 GMTEvent JSON
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"content": "A friend of mine lost money in MtGox. They recently got the cash component of the creditors payout. This small portion of their payout was a 90% profit on their initial investment. It has beat inflation by 300%. It is more than 200% better return than the ASX200 over the same time period. \n\nMoral of the story: Getting robbed in Bitcoin gives better returns than fiat investments. \n#bitcoin #MtGox",
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