Jeff Booth on nostr

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@Jeff Booth 1699209479

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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To make matters worse Tesla owns bitcoin and back when they were accepting bitcoin as a method of payment they were using BTCPayServer, which indicates the company and Elon know how to operate sovereignly in the Bitcoin ecosystem. The fact that zaps are not the standard on twitter really speaks volu...

Zach⚡️ · 146w

I’m not sure if Elon understands it. I haven’t seen any evidence of that. PayPal was founded by Peter Thiel and all the videos I’ve seen of Musk from that time, as well as all the accounts of people who worked with him, depict him more as a problem child who helped with financing. It wasn’...

WasBuddhaMaybe · 146w

Don’t mince words. Tell us how you really feel.

Phillip Leslie · 146w

Quite the intellectual gymnastics here lol

bitcarnicoin · 146w

sathoarder · 146w

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 · 146w

He is a bit dense - first hand info from people that worked with him.

Deleted Account · 146w

Musk needs to stay away from social media and go fix his ugly ass plastic cars.

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.

MAHDOOD · 146w

He’s a statist that wants power through rent seeking

Forever Hodl · 146w

This is the best explanation of Elon’s behavior.

🍊💊 Dereck⚡️ · 146w

https://image.nostr.build/bc653756867d5cb1b1510653014654970ec5ca88105459b23b84227346f08ac0.jpg https://image.nostr.build/517114380f491068e496e1c6b003cae3449edd12e34c7980781985bc91d0ccff.jpg

Ray Buni · 146w

Elon is looking after Elon

ulrichard · 146w

Maybe he is just afraid of his stock taking a hit, as long as too many people believe that shitconier propaganda from Greenpeace.

Viktor Vsk · 146w

Such a good manipulation. Free market does not have natural state because it is unnatural and completely artificial.

ClearMined · 146w

Booth Truth. Nailed it.

DeveRoSt · 146w

The point is, in average he is right. Never underestimate the stupidity of the average persons combined to a "society".

Blissful Sats · 146w

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 · 146w

Ooo spicy Booth today 😂🫂

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 · 146w

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 · 146w

I honestly don't think he has much time to think about Bitcoin.

His_Name_Was_Robert_Paulson · 146w

Grifters are gonna grift

Cristina · 146w

I think his "departure" from Paypal left him scarred

Cristina · 146w

There is the reason why he pushes Doge.

There's a reason all of his companies are tied so closely to the US government.

Bitcoin Physician · 146w

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 · 146w

I don’t know about Elon, but I think Liz Warren might really not know.

dextryz · 146w

Note of the day.

Absolutely!! Thank you for saying it out loud 🙏