He's not really an economist, he was a marketing guy

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Just put it out there. Not myvup of tea. ๐Ÿ˜ถ

He's a funny guy, nice in person. I used to do some IT for him a long time ago. He came up with a good idea "irresponsibly long", but he fell down into shit coin trap and sold his bitcoin after getting meme'd on twitter. So his mistake was betting on a proprietary money system, rather than a level playing field. Even if they win, it's a future that's not really worth winning, but he didnt see that. He's not a tech person.