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Alias Born | 02/08/2013 |
Monday, March 18, 2024 1:48:50 PM
This is what happened with Bitcoin, more than once. In July, 2015, Coinbase CEO gave a reporter $1 worth of Bitcoin. The reporter held it, and its worth $254 today. (254x). The reporter regrets that he did not buy more bitcoin in 2015, as the Coinbase CEO had suggested. $100 worth, on the same date in 2015, would be worth $25,400 today. While Bitcoin has crushed the S and P 500 for the past 10 years, people who bought FAnnie Mae commons for .45 cents or less have a chance of 100x or more. That would amount to "Just" $45 per share which would be "about" what Fannie was worth before the Constealership.
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