Imagine fading this man?
Imagine faded $TON & Telegram?
NGMI!
So apparently, Pavel Durov didn’t fund his lifestyle with money from Telegram, even though that’s what many people assume. He actually described Telegram as a money losing operation.
Instead, he funded his lifestyle from a Bitcoin investment he made back in 2013, when BTC was around ≈$700. He admitted he put in millions, got mocked when it dipped, but held on, and in the long run it made him more millions.
He also said he used his own personal savings to cover Telegram’s development and expenses for years. Who knows, the profits he made from Bitcoin were probably what even helped fund Telegram expenses.
And mind you, he still believes Bitcoin will one day hit $1,000,000.
Crazy.
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