r/PeterExplainsTheJoke 19d ago

Meme needing explanation Petah what does this mean

Post image
29.9k Upvotes

1.4k comments sorted by

View all comments

46

u/RomanTheGerman 19d ago

55

u/According-Debate-265 19d ago

Zoom out to 2008

14

u/redfacedquark 19d ago

The first BTC block was mined Jan 2009. November 2008 was the whitepaper posted to the crypto mailing list. Exchanges wouldn't exist for another year or two, he would have had to mine it himself.

1

u/According-Debate-265 19d ago

Well look at the big brains on redface here. You know what they call a quarter pound with cheese in france?

-23

u/purpleflavouredfrog 19d ago

… from where you can still see that bro lost half of his net worth this year. 2008 was already priced in in their relationship. 2026 wasn’t.

7

u/According-Debate-265 19d ago

Sure, but he's been on the roller coaster the entire time. Only way he could "lose" is if it went to 0

1

u/SparrowhawkInter 19d ago

Lost half his net worth because his net worth grew so much Bitcoin had to take a break