Rekall Incorporated to TechnologyEnglish • edit-217 hours agoOpenAI to remove non-profit control and give Sam Altman equitywww.reuters.comexternal-linkmessage-square24fedilinkarrow-up1186arrow-down14cross-posted to: [email protected][email protected][email protected][email protected]
arrow-up1182arrow-down1external-linkOpenAI to remove non-profit control and give Sam Altman equitywww.reuters.comRekall Incorporated to TechnologyEnglish • edit-217 hours agomessage-square24fedilinkcross-posted to: [email protected][email protected][email protected][email protected]
minus-square@[email protected]linkfedilinkEnglish1•11 hours agoBut wouldn’t he have to repay such loans?
minus-squareEncrypt-KeeperlinkEnglish5•8 hours agoYes, with the money he’d earn off the money he borrowed. This is why taxing unrealized gains is a national conversation. “It’s not money until you sell it” but you can borrow it like it’s money and make actual other money with it likes it’s money.
minus-squareAlphane MoonlinkEnglish3•9 hours agoIt’s not like he will be spending the cash exclusively on blow, model escorts and yachts. Part will go into real investments. And he is well positioned to time an AI pump and dump.
minus-square@amzdlinkEnglish2•11 hours agoOnly if the collateral he put up goes down in value too much
But wouldn’t he have to repay such loans?
Yes, with the money he’d earn off the money he borrowed. This is why taxing unrealized gains is a national conversation. “It’s not money until you sell it” but you can borrow it like it’s money and make actual other money with it likes it’s money.
It’s not like he will be spending the cash exclusively on blow, model escorts and yachts.
Part will go into real investments. And he is well positioned to time an AI pump and dump.
Only if the collateral he put up goes down in value too much