/biz/ - Business & Finance

>never crashes
>60% of ATH
>in decline for half a decade

>>2555289
The lambo was destroyed, the value of that lambo was destroyed, but the wealth per se was not destroyed.
So where did that wealth go?
It went to all Lamborghini owners in the world.
However, there are a lot of lambos in the world, so there would hardly be a price increase if only 1 was destroyed; would not be a "meaningful" increase.
Besides lambos—it does not matter what the thing it is. This is how the world works; it's a fact of life. Destroy some 'thing', and you, in a sense, make it become more "rare," which increases the value of every such 'thing' in existence.
Remember supply and demand.
Imagine removing or destroying initial supply by half. Demand (or market cap) remains the same.
The supply's value doubles. The wealth remains the same.

BTC is down 14% this week

ETH is UP 24% this week

This "dip" (BTC death throes) is caused by Jihan tipping his hand

The King is Dead, Long Live the King

>>2291342
>fatty dev
disgusting.