top | item 47169276

(no title)

honeycrispy | 4 days ago

He knows what he's doing.

It's to drive FOMO for investors. He needs tens of billions of capital and is trying to scare them into not looking at his balance sheet before investing. It's reckless, and is soaking up capital that could have gone towards more legitimate investments.

discuss

order

sneilan1|4 days ago

Yes, this is probably the piece I am not realizing. However, there is no better approach to getting more capital than by scaring people?