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1. LS (lain@lain.com)'s status on Tuesday, 04-Mar-2025 03:35:30 JST LS

   • iced quinnsmas :blobcatsanta:
   • Arcana
   @arcana @icedquinn yeah this is not a secret
   • LS (lain@lain.com)'s status on Tuesday, 04-Mar-2025 03:40:23 JST LS

     in reply to

     • iced quinnsmas :blobcatsanta:
     • Arcana
     @icedquinn @arcana they take a loan with their assets as collateral, pay it back with new loans on their assets (that are often worth more than before). The advantage of that is that you don’t pay income tax. If you ask where he gets the money for his companies: he’s just asking around, he didn’t buy twitter alone, for example, I think he owns like half of it.
   • iced quinnsmas :blobcatsanta: (icedquinn@blob.cat)'s status on Tuesday, 04-Mar-2025 03:40:24 JST iced quinnsmas :blobcatsanta:

     in reply to

     • Arcana
     @lain @arcana still curious how they are paying those bills though