Dan Romero pfp
Dan Romero
@dwr.eth
The price of a crypto asset matters if you own it already. It doesn't matter if you don't own it. It's downstream of market cap.
17 replies
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192 reactions

Dan Romero pfp
Dan Romero
@dwr.eth
Hypothetical (unlikely to happen) -- Bitcoin does a 2:1 stock split. There are now 42 million BTC. Everyone 2x their balance. The price is now 50% lower but the market cap stays the same.
7 replies
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Ramsey  🎩🤝 pfp
Ramsey 🎩🤝
@ramsey
Can we get the BTC CEO to do that?
1 reply
0 recast
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highplains.base.eth 🎩✨🔴 pfp
highplains.base.eth 🎩✨🔴
@highplains66
Da Maxis? Never in a million years
1 reply
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Ramsey  🎩🤝 pfp
Ramsey 🎩🤝
@ramsey
Twas a joke, Satoshi and whatnot. I do get what Dan is saying, though. People need to learn about what a stock split is. Or burn, in the case of crypto (I do maintain that coin/token whose main function is burn is probably not gonna prosper)
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