mhluongo

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Founder @thesis_co, incubated @fold_app, @keep_project, @taho_xyz, @embodyspace

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Show threadmhluongo3d ago

When something is "realized" is a matter of accounting. It means to make the change, they sold the gold fo currrency, then bought it back. For many of us, realizing a gain is when taxes happen, though I'm not sure what it means for a nation state.

https://www.investopedia.com/terms/r/realizedprofit.asp