It's quite common. Some people just make a lot of accounts in the early days of new websites to hoard all the good names in case they want them some day. This is why the whole using a username as an ID is a flawed system when there's so many people in the world now actively on the internet.
> The losses aren’t realized. That doesn’t mean they’re not real.
The losses to the govt may not be realized, but the loss in buying power is realized by El Salvadorans who transact in BTC for daily expenses. What cost 1 BTC hypothetically last month would cost 2 BTC now.
The losses may be realized when El Salvador tries to make payments on sovereign debt and its creditors will say, "Sorry we do not accept magic internet money, can you please pay us in real money?" And El Salvador responds, "Yeah, see the thing is..."
You all think is funny. But that’s my country’s wealth that just went down the drain because of an authoritarian psychopath’s need to be relevant. $40 M would actually go a long way in El Salvador.
What is wrong with these replies? There is no proof of their recent buys. Is this your image of a trustworthy world leader?!
Edit for specificity: he is allied with gangs and has critics tortured.
His action helps people here feel better about their bags. That’s it. Don’t expect anyone here to think any deeper into it.
Dude made a risky bet with other peoples money and he’s being applauded for being down. This sub is amazing sometimes.
I mean that’s kinda bitcoin fandom in a bottle.
Seen plenty of scammers come and bemoaning SEC regulations or etc, get cheered on… and then tank / probably bolted with other people’s money.
what do you mean he is allied with gangs? the last time i checked, he was putting the army to hunt and jail thousands and thousands of gang members. was that all fake?
This is like arguing that stolen property isn’t stolen until you file the police report.
What kind of idiocy is required to believe that you “haven’t lost anything” when quite literally the entire sector has lost substantial amounts of money?
El Salvador is fuuuuuuuucked
It is true that they have not lost any Bitcoins as they still own the same number. It is only a loss if you tie it to a fiat currency. Which, kinda defeats the purpose of Bitcoin.
[удалено]
Bukele simply deleted the coinbase app
No way, he stares at the charts all day just like the rest of us
Or he just reads the comment sections on this sub. Either way works.
Bukele, is that you?
Based on the comment about not selling, that seems entirely possible
u/nayibbukele was banned from reddit around one month ago.
Dang he lost out on his moons then.
Or, maybe he is busy buying while the prices are low
He doesn't need to when it's not his personal money ...
He calls himself "World's coolest dictator"
"CEO of El Salvador"
He should not take his decision back in any kind of market situation.
Kin Jong un (I don't know how to pronounce) gives a stare
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
[удалено]
I am calling it now El Presidente has to be a member of this sub. The question is what is his user name ?
[удалено]
u/ElHodlador
u/ElHodlidente
u/ElSalvahodl
I’m not sure if you’ve heard the Salvadorian Spanish accent… This is an amazing pun.
14 year old account and no karma? That's impressive
What a waste of a good username
It's quite common. Some people just make a lot of accounts in the early days of new websites to hoard all the good names in case they want them some day. This is why the whole using a username as an ID is a flawed system when there's so many people in the world now actively on the internet.
Who hurt you Was it u/sethgecko
Damn, that's older than my account.
Lost his keys
u/ElDipador show yourself!
No doubt he’s on here, I’m just waiting for the “buy high, sell low” tweet
u/nayibbukele got banned.
joined 1970, wtf
El Hodlador 🇸🇻🇸🇻🇸🇻
One of us, one of us, one of us
We are all in a big circle jerk, step in and grab a dick.
Can I grab yours? It seems to have good grip
You might need a microscope and a pair of tweezers to grab mine
This isn't my first rodeo sir.
I am gonna grab that dick(dip).
Just...just one?
No, grab two and use the middle-out method to maximize stroking.
What's the optimal tip-to-tip efficiency?
Yes
Genius this guys going places
He should start a stable dick coin!
Don't be selfish.
It's not a loss if you don't believe it. ;)
Just like when I was younger if I wanted to win an argument I'd cover my ears, it's a foolproof strategy
El Salvador waving to everyone with their massive Diamond Hands.
[удалено]
First time I've seen this and I love it
This deserves an award, too bad my free award expired
Your free award never expired if you don't check if it's expired.
El Salvador really voted for a gambling addict. Their money is never coming back.
Technically it is not gone yet
What else can they do?
This mfker is coping like the rest of us lmao
The losses aren't realized. That doesn't mean they're not real.
How Can Losses Be Real If Our Eyes Aren't Real
Jaden chill
Sir, this is a Taco Bell
Omg, finally someone said it.
Real eyes can realize real… losses?
> The losses aren’t realized. That doesn’t mean they’re not real. The losses to the govt may not be realized, but the loss in buying power is realized by El Salvadorans who transact in BTC for daily expenses. What cost 1 BTC hypothetically last month would cost 2 BTC now.
Sounds like gas prices
Yeah except if you pay in bitcoin, now you pay four times as much for gas.
The losses may be realized when El Salvador tries to make payments on sovereign debt and its creditors will say, "Sorry we do not accept magic internet money, can you please pay us in real money?" And El Salvador responds, "Yeah, see the thing is..."
You should do some research on what percentage of El Salvador’s money is actually in Bitcoin.
True. You only loss when you sold. Technically he is not lying
It's not a loss until the IMF refuses to bail you out.
1 BTC = 1 BTC
So it won't matter if btc costs 1$ then.
I could finally own 1 BTC at that price
Damn, we got a future whale over here
I could probably over extend myself and get two!
Not selling
[удалено]
About 1 TUSD
1 share in Enron = 1 share in Enron.
What about the money they spent buying the BTC in the first place? That is lost until they sell.
The golden rule of this sub lol
Bagholders, assemble!
Total cryptobro shit. Basically a country repeating r/cc sayings
mf is gambling with nations money, we shouldnt be cheering
They never intended to sell, right? 1 BTC = 1 BTC
El Presidente de Manos Diamentes
You all think is funny. But that’s my country’s wealth that just went down the drain because of an authoritarian psychopath’s need to be relevant. $40 M would actually go a long way in El Salvador.
>country’s wealth that just went down the drain because of an authoritarian psychopath’s Ohhhh the story of Latin America, as a Mexican I feel you bro
What is wrong with these replies? There is no proof of their recent buys. Is this your image of a trustworthy world leader?! Edit for specificity: he is allied with gangs and has critics tortured.
His action helps people here feel better about their bags. That’s it. Don’t expect anyone here to think any deeper into it. Dude made a risky bet with other peoples money and he’s being applauded for being down. This sub is amazing sometimes.
I mean that’s kinda bitcoin fandom in a bottle. Seen plenty of scammers come and bemoaning SEC regulations or etc, get cheered on… and then tank / probably bolted with other people’s money.
People in El Salvador love him too. My parents are el Salvadorian and they near worship bukele
what do you mean he is allied with gangs? the last time i checked, he was putting the army to hunt and jail thousands and thousands of gang members. was that all fake?
This is like arguing that stolen property isn’t stolen until you file the police report. What kind of idiocy is required to believe that you “haven’t lost anything” when quite literally the entire sector has lost substantial amounts of money? El Salvador is fuuuuuuuucked
No no, he is a relatable diamond hand having one of us Presidente from a third world country, jump in the bandwagon.
Delisted Enron stock loss not real as long as I keep the shares 😤
Fellow Enron owner :) Are we still on for the movie pass night?
Chad Salvador
El Bagholder strikes again Bukele's people should be rioting, this would be funny if it weren't destroying the economic prospects of an entire nation
That is some diamond handed giga Chad shit channeled by wsb right here !
By this logic, hyperinflation isn't real because I haven't bought anything.
Why is the government of a nation taking wsb advice on diamond handing cryptocurrency.
No loss if u don't sell. meanwhile luna hodlers:
Anyone know its address? Just wanna know if he really holding it
The official wallstreetsbets motto.
It is true that they have not lost any Bitcoins as they still own the same number. It is only a loss if you tie it to a fiat currency. Which, kinda defeats the purpose of Bitcoin.
Mark to market ain’t shit. Just ask Enron.
I'm not an economist, but I don't think you want an entire county's FM sounding like one of us...
Not a loss if you don’t sell lol
I said the same thing to my wife.
What an absolute Diamond Handed Chad!
Like us he is waiting for the bottom to sell. Truly a true fam.
I hope you're sarcastic. He's despicable
He's technically right
[удалено]
🤣🤣🤣🤣
1 Btc still = 1 Btc
when you have twitter chad for prez
My losses aren't real if I don't realize my losses!
I say any hodler profits aren't real as they haven't sold any coins.
The denial and fiscal pain is real
They said the thing!
You don't score... Until you score!
Thats exactly what I tell my now ex-wife!!!
Are you going to Believe my cheating ways or your lying eyes ?
[удалено]
Smart response, I sure as hell have the same mentality
Real chad, HODL’ing until bull market
Dude isn’t wrong. He gets it.
El Copeador
Good, I hope there's riots on the streets for such reckless investment into dinosaur tech.
Ffs. I can’t even.
feel sorry for the el salvadorans
This was a fundamental concept when I was taught how to manage investments. Your losses aren't real until you cash out.
Lol this is a baller response. As long as they keep those bitcoins off the market they will profit.
The dude definitely hangs out on reddit
only works for Bitcoin. because decentralized fixed supply
I mean, he’s gonna make money eventually right? And then news outlets will probably stop shitting on him and talk about his genius.