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1295 sats \ 2 replies \ @k00b 9 Feb 2024
Or he could give every person on earth 18 million sats.
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541 sats \ 0 replies \ @nullama 10 Feb 2024
And there is actually enough sats in the world to do it.
With about 8 Billion people on earth and 2.1 peta sats in existence, the total per person would be 262.5 mega sats, which is more than enough for this to happen.
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488 sats \ 0 replies \ @xz 9 Feb 2024 freebie
I could open a few /another big wumbo enabled LN channel. I approve.
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653 sats \ 4 replies \ @zuspotirko OP 9 Feb 2024
Honestly, dumb move from his part. Ballin big is smart for startup founders. Naming numbers as big as the two biggest companies in the world combined sounds not sane and has the exact opposite effect.
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8 sats \ 3 replies \ @jeff 9 Feb 2024
I zapped you for this, but devil's advocate - advertising liquidity begets liquidity. Ie, the other side of the market gets made because he advertised.
Every pension plan and sovreign wealth fund on the planet just took notice of this.
Its hard to deploy 100s of billions.
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0 sats \ 2 replies \ @freetx 9 Feb 2024
eh...the probability of being able to have a positive return on single venture 7T investment is very small.
think about that number for a moment. how many paying customers do you need to earn 7T in say 10 years? Thats $58B each and every month for 10 years to "pay back" that $7T investment. Thats maybe 1B active paying customers for 10 years....
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0 sats \ 1 reply \ @zuspotirko OP 9 Feb 2024
You're misunderstanding what we're saying.
Sama doesn't want 7t. He's just saying <outrageously big number> to get media attention and draw in investors. The final funding would "only" be in the 100s of billions at most.
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4 sats \ 0 replies \ @elvismercury 9 Feb 2024
Rain makers make it rain.
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684 sats \ 6 replies \ @OT 9 Feb 2024
We askin for trillions now?
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779 sats \ 4 replies \ @TheWildHustle 9 Feb 2024
Thought this was a @thebitcoinbugle post for a moment. Imagine seeking 7 trillion dollars....
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634 sats \ 3 replies \ @thebitcoinbugle 9 Feb 2024
Next thing you know Swan will ask for $7 trillion and pivot into semiconductors and AI
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10 sats \ 2 replies \ @elvismercury 9 Feb 2024
Swan will claim to have already secured it, but no one will know from where.
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10 sats \ 1 reply \ @TheWildHustle 9 Feb 2024
And then they'll come out and say they have a secret mining facility in peru
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0 sats \ 0 replies \ @thebitcoinbugle 9 Feb 2024
Peru is untapped
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0 sats \ 0 replies \ @0fje0 9 Feb 2024
That's quite a lot. Not sure if I'll be able to help you out. Let me get back to you, OK?
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488 sats \ 0 replies \ @xz 9 Feb 2024
How about, so give me 7t because the world needs better supply chains for chip fab, going forward, and it has nothing to do with the benefits or need for more a.i.
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488 sats \ 0 replies \ @OriginalSize 9 Feb 2024
And we thought AI would bring hyperdeflation.
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146 sats \ 0 replies \ @SimpleStacker 9 Feb 2024
Peak fiat
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75 sats \ 0 replies \ @Entrep 9 Feb 2024
This is too big a ask and should be rejected
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5 sats \ 1 reply \ @kr 9 Feb 2024
this seems way off.
what is the largest fundraising round any company on earth has ever done? a few billion dollars?
this is supposed to be 100-1,000x bigger, i’m skeptical.
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5 sats \ 0 replies \ @zuspotirko OP 9 Feb 2024
Exactly. He's going for the strategy of naming shockingly big numbers to get media attention. Maybe he hopes it'll increases his cult of personality because he "thinks big"
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21 sats \ 0 replies \ @orange_crush 11 Feb 2024
When founders talk trillions you know we are on the upward swing of the inflation hockey stick.
Mandibles inbound.
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0 sats \ 0 replies \ @DeltaClimbs 10 Feb 2024
He should make a profitable business first. Despite his prior failures, I think it wouldn't be unreasonable for someone to think it is worth throwing $50k his way and giving him another shot.
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0 sats \ 0 replies \ @KLT 10 Feb 2024
I wonder if these guys know they’re the bad guy in their own movie.
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0 sats \ 0 replies \ @orange_crush 9 Feb 2024 freebie
With inflation and waste it will be 30 trillion.
0 sats \ 0 replies \ @BlokchainB 9 Feb 2024
Man knows no bounds
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0 sats \ 0 replies \ @Eobard 9 Feb 2024
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