I have absolutely no idea. The guy wasn’t a close friend or anything. But you have to bare in mind that a considerable chunk of the population thought that every computer in the world was just going to stop working and all financial data was going to cease to exist. And if you consider that position, then 80% of something is worth a hell of a lot more than 100% of nothing.
A classmate’s father withdrew his life savings in gold and sat with it in his living room, to avoid loosing everything.
Did he manage to convert it back into cash and put it back in the bank without losing too much in the process?
Aside from the value fluctuation, the conversion itself must cost a decent percent.
I have absolutely no idea. The guy wasn’t a close friend or anything. But you have to bare in mind that a considerable chunk of the population thought that every computer in the world was just going to stop working and all financial data was going to cease to exist. And if you consider that position, then 80% of something is worth a hell of a lot more than 100% of nothing.