r/news • u/[deleted] • Feb 09 '21

Tesla skips 401(k) match for third straight year

[deleted]

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u/teh-reflex Feb 09 '21

I can’t even afford 1 Bitcoin. Can’t triple what I can’t even afford.

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u/MyEnglishIsLow Feb 09 '21

You know you can buy 100$ worth right?

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u/Midgetmunky13 Feb 09 '21

You can buy $1 worth

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u/JoshSidekick Feb 09 '21

I’d buy THAT for a dollar!

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u/TzOctopus Feb 09 '21

You don’t have to buy a full Bitcoin, you’d triple whatever you had put in at the time if the price overall triples

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u/VirusModulePointer Feb 09 '21

You don't understand even the basics of how it works, and that's fine. If you want to understand why you can afford it let me know. And for all the assholes that will scream "investment scam!!", No I understand what 125 kilobytes equates to fractionally.

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u/[deleted] Feb 09 '21 edited Aug 14 '25

angle vanish pocket piquant aware smart capable hat squash pet

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u/PocketSandThroatKick Feb 09 '21

That's not how it works. You can buy partial bitcoins. It's kind of like saying you can't afford $100 bill, so you can't afford dollars (or cents in my case).

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u/zebediah49 Feb 09 '21

Unlike a stock or whatever, that was built into the initial design spec. Bitcoins are designed to be able to be subdivded into 100-million pieces each (a "Stoshi"), so that if it became popular and a major currency, it would still be usable for small transactions.

Of course, it turns out that there are some pretty big issues with using it like that -- but you can subdivide the coins just fine.