April 19, 2024

A friend of mine lost money…

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

This post and comments are published on Nostr.