A couple of days ago, a guy I know told me he knew a guy that was a bitcoin millionaire. Allegedly he put a hundred bucks in early on, and now he is a millionaire on paper.
I of course thought this was bullshit. People tell a lot of fibs in life. So today when I saw him I was like - why doesn't your bitcoin millionaire friend cash out and become a real millionaire?
He replied - He can't figure out how to sell it all. Which is kind of the craziest crap I've ever heard. What good is being a millionaire on paper - if you can't cash out?
It also probably explains why the bitcoin price is still so high.
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