I do wonder if the story is even true to be honest. He must be a terrible IT worker if he just throws a hard drive out without totally destroying the unit so nobody could recover anything off it. And how the Sun call it an exclusive when the story has been around for bloody ages is odd
I am sure if he had real backers then the council would happily take the 50mil and let him but it seems they have not been offered real money up front.
I got excited about that Amazon headline until I spotted “Bitcoin Cash”. That makes me pretty sure it’s just clickbait rather than a credible story (so I won’t bother clicking it).
Not saying they will/won’t but a company the size of Amazon would/should employ someone in that field for a “in case” scenario Maybe even for a long term project. Think Apple employed a load of car production leaders years ago and may not bother with building cars.
Yes hiring in a new department does not mean they are ready to lunch or accept cryptos. In the articles they say the blockchain info structure is ready and they are already working on this project from 2019. But again, I do not trust every single word on newspaper.
However, I wanted to say that that implementation of blockchain is slightly different and more relevant for Amazon than manufacturing car for Apple. I remember the news about it too but it is not the same thing.
Hence me opening with “Not saying it will/won’t” I just made the point a decent business of their size would get all their bases covered even if they ultimately decided against following through.
Personally I doubt it would happen soon as the volatility is too extreme. Imagine the price/value fluctuations of cheap items that Amazon sell. Who would bear the brunt of the items dropping 30% due to a tweet being sent out?
Amazon is just the point of the iceberg. It is happening faster then you think, faster than the adoption of internet. Small term volatility is part of the game.
The guy is worth well over 20 million pounds and has been investing in stocks and property from a very young age, I’d say well done to the fellow he has found something people are willing to pay for and made the absolute most out of it.
Yes you only lose if you sell the dip, in this case it was a headline grabber to promote his album which went to number one, the media love a headline so play along as they know a lot of readers are too thick to realise. He hasn’t lost a penny.
Exactly The guy is very clever at making money from his social media that’s for sure!!! I mean it is insane the amount these useless you-tuber wannabe fighters make in fake boxing matches
Also, quite how he lost what he gained in the time period is odd seeing as it was up lots in that period is strange.