Elon Musk

I think it's good to have a currency system fluctuates based on how good Saturday Night Live is

definitely a good sign that literally nobody believes this has a thing to do with the environment

Just guessing, but the real reason is probably something like: BTC is impractical as a form of payment, the expected boost to sales from people wanting to pay with BTC never happened, and the operational risks of dealing with BTC were too high to justify continuing the policy for the tiny number of sales happening.

It does seem like a pain in the ass merely from an accounting perspective

yeah its not —frictionless— to cash out and its highly volatile so you might think youre selling a car for 70k but really you sold it for 69 (nice), also elon is prob manipulating the market, i mean hes definitely manipulating the market and this is probably part of that

it happens a lot with cashouts on the poker site I'm on. you can only cash out in Bitcorn now, and sometimes your withdrawal won't be processed until like 3 in the morning, so when you wake up your $1000 is somewhere between $900-$1100. I was actually planning to cash out some this week, glad I held off now lol

great “currency”, seems really useful

when I was offshore betting on sports a few years ago, it was the same thing. paying in Bitcoin.

As every that has read my $TSLAQ posts about Emissions Credits being made up revenues, I focused on what seemed like impossible numbers in 2018-2019.
I decided to look how far back this goes.

— Mindful Capitalist (aka socialist) (@HappiestYogi) May 1, 2021

https://pbs.twimg.com/media/EAhXpYyXkAAe_I8.jpg

Everyone thinks overnight ACH was a byproduct of startups like Venmo. In fact, the Fed opened up overnight ACH and nobody used it. It wasn’t until regulators stopped banks from holding onto funds to earn the maximum amount of interest possible that they became “consumer friendly.”

They were doing this when it earned fractions of a cent from interest. Now imagine a situation where the “currency” fluctuates by 10% hourly.

replacing Gold as a store of value

This happened last century. He must have blinked.

hes back baby

Working with Doge devs to improve system transaction efficiency. Potentially promising.

— Elon Musk (@elonmusk) May 13, 2021

Cool system that this dude can just tweet and manipulate the market every couple of days.

its pretty incredible

youd think at some point hed wear out his welcome but really who knows

god I wish this was at least a little funnier

one of those things thats very funny but its drowned out by the profound horror of it

jack mad

#bitcoin changes *everything*…for the better.

And we will forever work to make bitcoin better. https://t.co/wssrF2U0P0

— jack (@jack) May 14, 2021

what does it make better??

they always say shit like that then never say why

frees you from big fiat obvs

I've started to incorporate it in my lovemaking

come on, it's simple. bitcoin is good because it makes tech people money. tech people having more money = better world, it's science.

its true it is science

it also provides a convenient method of money laundering for criminal enterprises. the dece money tech people are making from it is something like the big tip left for restaurant staff.

https://decrypt.co/70945/exclusive-dogecoin-developers-say-theyve-been-working-with-elon-musk-since-2019

musk is always up to something

amazing that he managed to become the richest man of all time off the back of some ropey and transparent scams

Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down.

— Elon Musk (@elonmusk) May 16, 2021

And a free toaster for first time customers opening an account!

later: dumping doge because of enviromental problems he always cared about

but i would also say that if cadillac speeds up production by 10x, increases sales by 10x, and drops fee 100x, they will also win hands down.

what a visionary

Ideally,

ideally elon would give me one million dollars ten million dollars and a billion dollars, if he did that i would be rich hands down

It is once again hard to argue with the science

ideally,

wait... what if they sped up block time 100X??

that would be a 10X win

what's crazy is, what if they sped up block time 110X? you see where i'm going with this

it's exponential

amazing that he managed to become the richest man of all time

Investopedia (updated May 2021) begs to differ:

1: Jeff Bezos... an estimated net worth of $197 billion, he is the richest man in the world

2: Elon Musk... estimated net worth is $152 billion.

3: Bernard Arnault... estimated net worth is $150 billion.

Be-ZOS, Be-ZOS, Be-ZOS, Be-ZOS, Be-ZOS, Be-ZOS, Be-ZOS, Be-ZOS, Be-ZOS, Be-ZOS, Be-ZOS, Be-ZOS, Be-ZOS, !!!!
Accum-u-LATE, Accum-u-LATE, Accum-u-LATE, Accum-u-LATE, Accum-u-LATE, Accum-u-LATE, !!!!

i think we can all agree that all these guys should have more money

Bezos sits inside the service yacht, aboard the main yacht, reading the coverage of the yacht on his yacht

the idea that these people have all this money is always so hilarious to me. they kindof dont really. what are they going to do, take 50billion out of the atm? all you can do with it after a certain point really is buy some worthless app company called Ploom or Burdl (expected IPO value 12bn.) so whats the difference between having like 50bn or 100bn or like 200tn? its the same.

https://www.youtube.com/watch?v=ppGd-2nEOVQ

Billionaires shouldn't exist. The rich cause society to be twisted to server their wants rather than the needs of everyone else.

whats the difference between having like 50bn or 100bn or like 200tn? its the same.

it has nothing to do with purchasing anything you want or need for yourself or for any of your 1000 closest family and friends (most of these billionaires barely have family and have no friends). it has everything to do with having enough personal power to shape the present society and its future, through corporations and foundations that will bear your name and vision in perpetuity. basically, it feeds their megalomania.