Why Nostr? What is Njump?
2024-08-21 15:59:44
in reply to

Anupam 《ミ》λ≡ on Nostr: No great insight behind it, just a stupid joke about the fake numbers that power the ...

No great insight behind it, just a stupid joke about the fake numbers that power the financial world.

Market cap = price per share × total number of shares
Price of share = amount paid to the company / number of shares received

So if I pay any amount to the company and receive *zero* shares, the price per share, and hence the market cap of the company goes to infinity 🤷🏻‍♂️
Author Public Key
npub1zjhfpcpymkh2tft2uqd7r3ehnta2anpy0cctyhfae2ggt9w832rsfl6apq