Damus
Jeff Booth profile picture
Jeff Booth
@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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Phillip Leslie · 130w
Quite the intellectual gymnastics here lol
bitcarnicoin · 130w
YES
sathoarder · 130w
I'll concede that Elon understands money and thinks everyone else is stupid but Elizabeth Warren, in my opinion, is nothing but a stooge for the big banks she purports to oppose.
Samson Mow · 130w
He is a bit dense - first hand info from people that worked with him.
unknown · 130w
Musk needs to stay away from social media and go fix his ugly ass plastic cars.
Kendy · 130w
I don’t believe Lizzy Warren perfectly understands money. This is partially cope because I don’t want to accept we’ve allowed her malicious acting for this long.
MayDood · 130w
He’s a statist that wants power through rent seeking
Forever Hodl · 130w
This is the best explanation of Elon’s behavior.
🍊💊 Dereck C. ⚡️ · 130w
https://image.nostr.build/bc653756867d5cb1b1510653014654970ec5ca88105459b23b84227346f08ac0.jpg https://image.nostr.build/517114380f491068e496e1c6b003cae3449edd12e34c7980781985bc91d0ccff.jpg
Ray Buni · 130w
Elon is looking after Elon
ulrichard · 130w
Maybe he is just afraid of his stock taking a hit, as long as too many people believe that shitconier propaganda from Greenpeace.
josh · 130w
🤙
Viktor Vsk · 130w
Such a good manipulation. Free market does not have natural state because it is unnatural and completely artificial.
Caladan · 130w
Perhaps unsatiable hunger. https://m.primal.net/HPVA.jpg
ClearMined · 130w
Booth Truth. Nailed it.
DeveRoSt · 130w
The point is, in average he is right. Never underestimate the stupidity of the average persons combined to a "society".
Blissful Sats · 130w
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/
Sourcenode · 130w
Ooo spicy Booth today 😂🫂
nobody · 130w
This. 👆 nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe is one of the best people to follow. Period. And impossible not to like with his approach to sharing meaningful information.
Leo Fernevak · 130w
Since I'm not a mindreader I prefer to keep some amount of uncertainty in regards to the inner workings of other people. I have deep concerns about the motivations of Elon due to his support for Doge coin (an obvious scam) and his wish to make Twitter into an everything app, with clear references t...
Willy Cooper · 130w
I honestly don't think he has much time to think about Bitcoin.
Shadfurman · 130w
I think you're reading too much into it. I think Elon just thinks Doge is funnier. Elon should be selfish, of course, so should you. You come along and tell me you're altruistic I'm gonna think you're more of a Bankman-Fried. I never felt like Elon presented himself as an altruistic savior, alway...
His_Name_Was_Robert_Paulson · 130w
Grifters are gonna grift
Cristina · 130w
I think his "departure" from Paypal left him scarred
Cristina · 130w
There is the reason why he pushes Doge.
burns · 130w
There's a reason all of his companies are tied so closely to the US government.
Bitcoin Physician · 130w
Can’t disagree. However, two ways to attack the dollar fiat system #1 BTC. However #2 is attacking what backs the dollar ie Saudi Oil ie oil purchases in dollars. Tesla does #2. Have to give him credit for that at least imo.
Chris Liss · 130w
I don’t know about Elon, but I think Liz Warren might really not know.
dextryz · 130w
Note of the day.
andy · 130w
He’s the most successful shitcoiner in history. Why would he topple his own shit tower while he’s at the apex. As the game changes he’s positioned for that. Normies will stack him corn on his platforms the moment his kind decide to. In the meantime the fiat system is dope for them
Seodan · 130w
Absolutely!! Thank you for saying it out loud 🙏