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RH
25ed82dd05ea15bfe8ee22baf38738525ef24add254afc0383284a64e6ce5e75
“President of what”
Replying to Avatar Lyn Alden

Too many people have given Elon a pass. Don't give him a pass.

He's a marketer, not a founder or an engineer. He didn't found PayPal or Tesla; he bought into them early. He's good at selling narratives and equity valuation for perpetually unprofitable companies.

Everything for him is a narrative. His green revolution was a narrative to sell more cars and get more subsidies. His bitcoin purchase was to gain appeal among bitcoin/crypto people in a bull market. And he shilled doge like a dumbass. His SpaceX narrative is to get money from the government.

His rooftop solar thing was an outright scam; the technology isn't ready and went nowhere because of that. His full-self-driving-in-an-intermediate-term timeline was a scam, and is going nowhere because of that. He makes scams to draw people and capital in, because for him it's all about narratives and equity valuation.

And then he dug unproductive holes, suggested unproductive hyper-tubes, built meme flamethrowers, for what? It's a narrative, not a business. None of this is real productive shit to make peoples' lives better.

His latest "we need free speech" narrative was a scam too. He tapped into something real, which is what marketers do and why it kind of worked. Yes, we need free speech. Yes, Twitter had censorship issues. He saw that and jumped on it maliciously rather than productively.

But what did he replace it with? He replaced it with arbitrary journalist censorship about his private jet, arbitrary censorship of Substack, selective Twitter Files release, won't talk seriously about any of his China connections because Xi Jinping fucking owns him economically there like Jack Ma, has his balls firmly in his grasp, etc.

Elon's playing the narrative, the anti-woke meme of the day. He's a master meme-momentum-player. Don't fall for it.

This is what you get when you mix a MMA fighter with an economist - kick-ass!

I posted this for Max Keiser and President Bukele not expecting a reply and I don’t here but they must have a crucial insight into this : What is the epiphany for a government to realise they need not control the quantity of money and rather adopt the BTC fixed supply?

Necessity and humility brought them to the point I guess but to see it was better to relinquish that control - what was the epiphany ? Social justice ?

I tried this on my four year old: I have a toy for you which will never break nor wear down. The toy will always be perfect. No parent, no teacher and no other child can take the toy away from you. You can play with the toy with whomever you want in the whole world and no one can stop you. Should you wish to trade the toy one day for something else, that is up to you, but until then the toy is all yours. Oh by the way, there will only ever be 21 million of these toys. Would you like to have one?

I know fiat price isn’t the point but is fun watching BTC flex