> What has he to gain from all these? Assuming the bubble will burst in the end. Fortune? He will get his salary over the course of the bubble. I am not entirely sure how he can make money if in the end the money runs out.
He can make a TON of money by making the company into a for-profit with stocks he can sell. He can do this very very quickly before the bubble pops. This is the real reason he has been pushing for the for-profit change to happen soon. So he doesn't have to rely on salary and instead the equity. As long as he gets out before the burst, he'll have his fortune
Why did/do so many people still invest in/create crypto even when they know it's fraudulent?
He can make a TON of money by making the company into a for-profit with stocks he can sell. He can do this very very quickly before the bubble pops. This is the real reason he has been pushing for the for-profit change to happen soon. So he doesn't have to rely on salary and instead the equity. As long as he gets out before the burst, he'll have his fortune
Why did/do so many people still invest in/create crypto even when they know it's fraudulent?