Replying to Avatar Jeff Booth

Elon Musk started PayPal and as a result of that and his first principles thinking, it is highly likely that he perfectly understands money.

Similar to how it is highly likely Elizabeth Warren perfectly understands money.

He also must understand that the natural state of the free market IS deflationary.

If both of these are true - then he also must know (as one of the top AI + robotics companies) that he is stealing the productivity gains that should flow to society in the form of lower prices by pretending he is solving planetary issues through a broken system that makes them worse.

In other words, Elon not advocating for #Bitcoin is not because he is stupid. It’s because he believes you are.
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Blissful Sats 2y ago

Hey Jeff, I appreciate all of your your insight and I was curious what you thought about the Techno Optimist Manifesto, Byeee, Andreessen Horowitz?

https://a16z.com/the-techno-optimist-manifesto/

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Jeff Booth 2y ago

I have similar thoughts to it as my thoughts with Elon. If he really believes all these things, he would probably also see know that #Bitcoin is the only path because everything else would become centralized and corrupted as a result.

When I see how much they have invested in shitcoins, it makes me question the sincerity of the message.

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Blissful Sats 2y ago

Agreed 👍

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Kevin Ashworth 2y ago

But also because they are (probably) surrounded by sycophants, and have a bunch of biased things going on, they forget these first principles. That is, I’m far less sure than you are that EM or EW are thinking from first principles. They’re doing mental gymnastics.