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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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Primordial🦌 2y ago

Elon owns a lot of Bitcoin at multiple of his companies... his lack of actively advocating for it is likely because he fears (or has been informed explicitly) that this would negatively impact getting regulatory approval for his rockets and products from our corrupt and regulatorially captured institutions.

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Erik The Decentralist 2y ago

Couldn't agree more with you. People need to think, SpaceX survival depends on US government acceptance and support.

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