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21 sats \ 1 reply \ @TwoLargePizzas 6 Oct 2023 \ parent \ on: How I think the FTX trial will go bitcoin
I've always found the expression 'millions evaporated' kinda funny. It makes it sound like those dollars vanished when really they just moved into someone else's bank account.
Right! Particularly in this case.
But when market crashes and headlines say "The market lost 10 billions in one day" it actually didn't lose anything, it's just valuation that disappears.
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