Why do people think net worth is the same as money? If I only have a billion dollars worth of shares I still don't have enough money to buy even a coffee
>>61549146Bless your heart.
>borrow against your 1 billion in shares>write off interest on said debt>government pays you to be a billionaireIt's really that simple
>>61549146They mortgage their stocks
>>61549146If your networth isn't 1 million USD in 2025, you have little money
>>61549146because most people are retarded and dont understand money
>>61549146You can use the billion dollars of shares as collateral to borrow a coffee
>>61549500Complete with grits.
>>61549146Because people wrongly, but understandably, think value is a byproduct of the dollar. More dollars = more value. High dollar number = high value.It's the other way around. Value exists in a vacuum and can be represented many ways.
>>61552328*People think high dollars begets high value, so they chase dollars. But it's the other way around. High value begets high dollars.
>>61552346except for chainlink. maybe chainlink has no value? shocking thought
At that level, banks offer you a loan with interest around 0.1% per annum, you can buy bills and bonds getting returns of 4%, get your 40 million, pay the bank it's 1 million, completely risk free, and you can do this for perpetuity, per month or per year, take your pick.
