burn

I agree: don't regulate crypto, let it burn.  Make good progress on your own

I agree: don’t regulate crypto, let it burn. Make good progress on your own

By letting it burn, it will not grow big enough to cause major contagion outside of crypto. By Wolf Richter for WOLF STREET. The last thing the crypto community – from Bankman-Fried dazzled Silicon Valley fiat-billionaire venture capitalists to true believers – will listen to is another warning from another central bank about crypto and …

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Musk warns Twitter bankruptcy is possible if cash burn persists

Musk warns Twitter bankruptcy is possible if cash burn persists

(Bloomberg) – Elon Musk, in his first address to Twitter Inc. employees since buying the company for $44 billion, said bankruptcy was a possibility if it didn’t start generating more cash, according to people familiar with the matter. Bloomberg’s Most Read The warning came amid a tumultuous start to Musk’s reign at the social media …

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Musk warns Twitter bankruptcy is possible if cash burn persists

Musk warns Twitter bankruptcy is possible if cash burn persists

(Bloomberg) – Elon Musk, in his first address to Twitter Inc. employees since buying the company for $44 billion, said bankruptcy was a possibility if it didn’t start generating more cash, according to people familiar with the matter. Bloomberg’s Most Read The warning came amid a tumultuous start to Musk’s reign at the social media …

Musk warns Twitter bankruptcy is possible if cash burn persists Read More »

Musk warns Twitter bankruptcy is possible if cash burn persists

Musk warns Twitter bankruptcy is possible if cash burn persists

(Bloomberg) – Elon Musk, in his first address to Twitter Inc. employees since buying the company for $44 billion, said bankruptcy was a possibility if it didn’t start generating more cash, according to people familiar with the matter. Bloomberg’s Most Read The warning came amid a tumultuous start to Musk’s reign at the social media …

Musk warns Twitter bankruptcy is possible if cash burn persists Read More »