this post was submitted on 25 Jun 2026
155 points (94.8% liked)
Technology
85719 readers
4263 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Understanding this level of finance is not hard and I don’t understand what you’re trying to prove or your resistance to it.
What a billionaire is doing is no different (as a radical simplification to make it easy to understand) than a normal person taking a home equity loan. Your argument is that “the home isn’t real” and that’s the same as saying “SpaceX isn’t real”. The home’s value can fluctuate thanks to the real estate market, or whether or not the owner does a good job maintaining and upgrading the home. SpaceX can suffer market fluctuations and be well managed or suffer bad decisions. The money leveraged on the values of these investments is real.
As far as what you just said I can tell that you haven’t thought one step further than making the statement, I am pointing out how the money is real. We’re done here, you plainly want to be right rather than learn how the system works.
The intrinisc values of his companies, and others, are a fraction of their current market value.
When you borrow against it, when the price falls back to intrinsic value, in Musk's case 1/100th or so of Tesla's current valuation, they get margin calls.
My point is not hard to understand and undeniably true. Owning theoretical money you can't realize in full is not the same as owning assets that can be realized. Musk is not trillionaire, never was.
I’m not playing financial Schrodinger’s Box with you.
Is that the vag of some chick you know? Doesn't seem to be applicable here.
My point is undeniably true, no matter how many half wits vote with you.
Ah, good job. Now you’ve swung to insults. That’ll win ya. Guess you need everything explained to you. Your argument is attempting to force a point against what society has deemed what monetary worth is.
You’re not gonna win that argument, but feel free to bang your head on the keyboard uselessly while you attempt to bend the world to your will.
Not only that, but you have moved the goalposts from “billionaires are still worth money even if it isn’t all in cash” to “they can’t possibly cash it all out so it doesn‘t count.“ A real strawman that has no bearing on how wealth works. So your “truth” is irrelevant.
That was a joke not an insult, that you tried to play the victim there shows your nature, not worth talking to, now piss off. I won't respond further.
Ok dude.