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Richard
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Founder of Bitcoin Runners | Co-Founder of the Running Bitcoin Challenge | Running bitcoin for Hal | Co-Founder LightningPiggy. Passionate about engineering, unstoppable freedom technologies, and running.
Replying to Avatar Jeff Booth

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.

On a human intelligence level, the incentives to get behind bitcoin don’t align well with his business incentives. If “fixing the money” fixes the world, then few would be lining up to leave a thriving planet for a barren, inhospitable one that takes 150-300 days to reach…

Replying to Avatar Jeff Booth

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.

Curious whether #DeepSeek R1 is aligned, and it certainly seems so. Here’s its response, generated using Fullmoon.app running locally on an iPhone.

“Okay, so I'm trying to figure out the likelihood that Elon Musk knows these four specific statements about the free market. Let me break each one down and see how I can approach this.

First, the natural state of the free market being deflation. I know that deflation is a general economic phenomenon where prices tend to fall over time, often driven by factors like increased production, reduced demand, or increased production methods. I'm not sure if Musk has any direct knowledge about this, but maybe he does, especially if he's involved in economic policies or market research. I should consider how much he's involved in the global economy and whether he's aware of such economic trends.

Next, the idea that exponential technology gains should flow to society in the form of lower prices. Exponential growth in technology typically leads to higher prices as costs rise. If Musk believes that such growth should lead to lower prices, he might be part of a group that believes in a sustainable and efficient market. This could be part of his broader strategy to influence the market towards a more equitable and efficient state. I'm not sure if he explicitly mentions this, but it's plausible.

Then, the notion that stopping this natural process is theft through a centralized control system. This seems a bit more abstract. If the free market is naturally moving towards deflation and lower prices, stopping it might involve some kind of regulation or control. If Musk thinks that such control would be theft, he might be part of a group that opposes or seeks to impose such regulations. I don't know if he explicitly states this, but it's a possible angle.

Lastly, the reason he doesn't comment positively on Bitcoin is because it breaks the control system he benefits from. Bitcoin has been a major player in the cryptocurrency space, and Musk's influence is significant. If he's part of the control system, using Bitcoin as a platform could be a point of contention. This makes me think he might have some stake in Bitcoin's development, which could lead to negative comments. I'm not sure how common this is, but it's a possibility.

I also need to consider Musk's public statements and statements from his speeches. If he's been critical of Bitcoin or other cryptocurrencies, that could be a sign that he's aware of certain aspects of the market. Additionally, if he's involved in policy-making or economic planning, he might be aware of the broader market trends.

On the flip side, Musk's behavior is often unpredictable. He can take a variety of approaches, and his comments and statements might not always reflect his underlying beliefs. It's also possible that he's not aware of certain aspects of the market, especially if he's not deeply involved in it. However, given his influence in the cryptocurrency space and his role in global economic policies, it's more likely that he has some awareness of these topics.

In summary, while it's possible that Musk has some awareness of these points, the likelihood seems high, especially considering his involvement in the global economy and the cryptocurrency space. However, it's also possible that he's not aware of certain aspects, and his comments might not always align with his beliefs.

The likelihood that Elon Musk has direct knowledge of the four points mentioned is relatively high, given his significant involvement in the global economy and the cryptocurrency space. Here's a breakdown of each point and the reasoning behind it:

1. Natural State of the Free Market as Deflation:

It is plausible that Musk has some awareness of deflation, as it is a general economic phenomenon influenced by various factors. His involvement in global economic policies and market research could contribute to this awareness.

2. Exponential Technology Gains Flowing to Lower Prices:

Musk's strategy likely revolves around market efficiency and sustainability. His belief in a sustainable market could influence his stance on exponential growth leading to lower prices, making this a likely point of awareness.

3. Stopping Natural Process as Theft:

This idea suggests Musk is part of a group opposing centralized control. While speculative, it's possible that Musk is involved in policies that seek to stabilize the market, which could tie into his awareness of stopping natural processes.

4. ** Bitcoin as a Control System**:

Given Musk's influence in the cryptocurrency space, it's likely he has some stake in Bitcoin. If he benefits from its use as a platform, negative comments could arise, indicating awareness of Bitcoin's development and impact on the market.

In conclusion, the likelihood that Musk has some awareness of these points is high, particularly due to his involvement in global economics and cryptocurrency. However, these points are not guaranteed, and Musk's behavior can vary widely.”

The mind bending ratchet effect: Only report when there’s a dip. Crucially, never zoom out and tell the truth!

Bitcoin keeps on nosediving upwards frens! 🙈

#BBCbs #HFSP

https://m.primal.net/PUXE.mov

Meme translation:

TCP (Transmission Control Protocol) and UDP (User Datagram Protocol) are two core protocols of the Internet Protocol (IP) suite. Here’s a comparison of their key differences:

1. Connection Type

• TCP: Connection-oriented. Establishes a connection before data transmission using a three-way handshake.

• UDP: Connectionless. Sends data without establishing a dedicated connection.

2. Reliability

• TCP: Reliable. Ensures data arrives in order and without errors using acknowledgments, retransmissions, and flow control.

• UDP: Unreliable. No error correction or retransmission; data may be lost or arrive out of order.

3. Speed

• TCP: Slower due to connection setup, error checking, and retransmission.

• UDP: Faster because it sends data without waiting for acknowledgments or retransmissions.

4. Data Transmission Method

• TCP: Stream-oriented. Data is sent as a continuous stream.

• UDP: Message-oriented. Data is sent in discrete packets (datagrams).

5. Use Cases

• TCP: Best for applications requiring reliable data delivery, such as:

• Web browsing (HTTP, HTTPS)

• Email (SMTP, IMAP, POP3)

• File transfers (FTP)

• UDP: Best for real-time applications where speed matters more than reliability, such as:

• Online gaming

• Video streaming (e.g., YouTube, VoIP, live broadcasts)

• DNS (Domain Name System) queries

6. Flow Control and Congestion Control

• TCP: Uses flow control (e.g., sliding window) and congestion control mechanisms to manage network traffic.

• UDP: No flow control or congestion control, making it lightweight but more prone to packet loss.

7. Packet Overhead

• TCP: Larger header size (typically 20 bytes) due to extra fields for error checking and control.

• UDP: Smaller header size (8 bytes), reducing overhead.

In short, use TCP when reliability matters and use UDP when speed is the priority.

…You’re welcome.

Satoshi harnessed the infinite to engineer digital scarcity, unlocking humanity’s path to abundance.

🤯

The lesson for nation states to take from this is: If you adopt bitcoin as legal tender then the IMF will be there in a flash with a sweet loan deal to change your mind.

“Welcome to 2030: I Brought Bitcoin Every Dump, Have Privacy, and Life Has Never Been Better.”