by Karl Denninger
Market-Ticker.org
BitCON heads for the toilet and…….. heh, how come the Dork, the ****-n-Piss, the NastyDac and the BakedRusset all are collapsing?
Hmmmm….
You know that shouldn’t happen, right? What does BitSCAM have to do with the forward business prospects for, oh, General Electric?
Nothing.
Now Musk’s Folly, on the other hand…… oh, how much of that garbage does he have on the firm’s balance sheet?
What’s it “worth” now? The same it was worth originally despite what he paid for it: ZERO