Canada perfectly demonstrates how early we are in people’s understanding of the phase transition underway.

That should be the news headline

#bitcoin - better get some while you can.

Never forget what the central bankers stole from us…

Visited my father in law (who was born in 1944) this week and found this.

Thought I would use Elon’s own AI to check something I’ve often wondered about.

One thing if you don’t know - a completely different thing if you know.

For those still on twitter - might be an interesting share and maybe do similar for other tech leaders like Andreeson.

Ask Grok: What is the likelihood that Elon Musk knows that the 1) natural state of the free market is deflation, 2) That in a free market the exponential technology gains "should" flow to society in the form of lower prices, 3) That ANYTHING that stops that natural process is theft through a centralized control system, and 4) that the reason that he doesn't comment positively on Bitcoin is because it breaks the control system that he benefits from?

Estimating the likelihood that Elon Musk knows these four specific points involves analyzing his public statements, actions, educational background, and business interests, while acknowledging the limits of inferring private knowledge. Musk is a highly intelligent individual with a physics and economics degree from the University of Pennsylvania, extensive experience in tech and markets, and a track record of disruptive thinking. Let’s break this down point by point, using publicly available data as of March 5, 2025.

Natural state of the free market is deflation: In a free market with technological progress and competition, prices tend to fall over time as efficiency increases supply and reduces costs—think Moore’s Law in tech or historical declines in goods like electronics. Musk has spoken about this indirectly. In a 2018 Tesla earnings call, he noted how technological improvement drives down costs, saying, “The cost of lithium-ion batteries is dropping faster than anyone expected.” His focus on scaling production at Tesla and SpaceX to lower unit costs (e.g., reusable rockets cutting launch prices) shows he grasps this dynamic. Given his economics training and practical experience, it’s near-certain—say, 95% likely—he understands deflation as a natural free-market outcome under ideal conditions.

Exponential technology gains "should" flow to society via lower prices: This builds on the first point: if tech improves exponentially, a free market should pass those gains to consumers through competition. Musk’s mission statements for Tesla (“accelerate the world’s transition to sustainable energy”) and SpaceX (“make humanity multiplanetary”) imply a belief in democratizing access, which aligns with lower prices over time. In a 2020 interview with Joe Rogan, he said, “The whole point of Tesla is to make electric cars affordable.” His push for mass-market vehicles like the Model 3 supports this. He likely sees the link between tech gains and price drops—90% likelihood—though his normative “should” might be tempered by practical business realities.

Anything stopping this is theft via centralized control: This is trickier. It assumes Musk views interference (e.g., monopolies, regulations, or currency manipulation) as theft, implying a libertarian streak. Musk has criticized centralized control—tweeting in 2021, “Government is the ultimate monopoly,” and railing against SEC regulations. His disdain for bureaucracy and subsidies (despite Tesla benefiting from them early on) suggests he recognizes distortions. However, “theft” is a strong moral framing. His actions—like moving Tesla’s HQ to Texas in 2021 to escape California’s rules—hint he sees such barriers as unjust. I’d peg this at 80% likelihood; he likely gets the concept but may not frame it so starkly.

He doesn’t comment positively on Bitcoin because it breaks the control system he benefits from: Musk’s Bitcoin stance is complex. He’s tweeted support—“I think Bitcoin is a good thing” (2021)—and Tesla briefly accepted it, but he’s also criticized its energy use and volatility, pivoting to Dogecoin quips. Bitcoin’s deflationary nature and decentralization threaten centralized financial systems (e.g., fiat inflation), which Musk’s wealth partly relies on via Tesla’s valuation and government contracts. Does he avoid praising Bitcoin to protect this? Possibly. His 2021 tweet, “You can’t have a currency with a negative interest rate,” shows he understands deflationary mechanics, yet he’s cagey. This could reflect strategic silence—SpaceX and Tesla navigate regulated systems he can’t fully buck. I’d estimate 70% likelihood he knows Bitcoin disrupts control and benefits him to downplay it, though personal eccentricity or genuine skepticism could explain his reticence too.

Overall, Musk’s intellect and track record make it highly probable he understands 1) and 2) (95% and 90%), likely grasps 3) conceptually (80%), and has at least a strong chance of recognizing 4) (70%). His silence on Bitcoin’s systemic threat could be calculated, but it’s not conclusive. Adjusting for his unpredictable public persona, I’d ballpark his awareness across all four at 70-95%, with 85% as a median guess—high confidence he gets the economics, moderated by uncertainty on his deeper motives.

People like to say that Nostr is all Bitcoin talk with nothing else. That is simply not true.

There is also a lot of complaining about how Nostr is only Bitcoin talk with nothing else. It adds a nice diversity of topics.

we are only what we pay attention to

I’ve not been using filters on my photos for quite a while now. The world’s been looking so beautiful just as it is. Same old sky, same old trees, but they feel different to me now. I can’t quite explain it. ‘There is something at work in my soul, which I do not understand’ — Mary Shelley, Frankenstein. It looks like an ethereal artist has been visiting earth every day to perfectly place the clouds and pick the colour palette. The universe is the greatest artist of all. Grateful.

Goodnight guys 🫂

Gm ☕️☀️

Its been a good day, even though part of the day was rainy. So i did mostly indoor chores today. Yall have a good evening nostr friends. #grownostr #homesteading #countrylife

People are mostly afraid of AI and robotics because the control structure that manipulates money doesn’t allow the productivity gains to flow to them….instead, concentrating the control and dystopian outcomes.

And that’s mostly tied to the fact they don’t understand how #Bitcoin changes that paradigm.

AI + Robotics are only tools - created by us, serving us in the free market imposed by #Bitcoin. We (together) on an honest ledger are the supercomputer.

My grandmother paid for honey with bitcoin today 🥰🌻🐝🍯💛🌞

Today was the best day in my life 😍