Damus
jb55 profile picture
jb55
@jb55
why is Elon not interested in protocols? He really believes his single company X will handle half of the worlds transactions? Look at what happened with PayPal: they can and will freeze your account for any reason. This would be dystopian hell, worse than CBDCs.
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Creediator · 146w
Billionaires are banking on lobbying and policy making to maintain status quo or at least protect their wealth. I see how this will be a tough transition for general public to trust in themselves to manage their money. We have had thousands of years of custody providers like banks. The Psyche is not...
Mallory · 146w
Elon has built himself up as a modern day emperor
Purple Horse · 146w
He loves buying companies who have already developed a good business and then makes it bigger. You can’t buy a protocol…
ROCKWOOD · 146w
Maybe bc he’s a normie.
JesterHodl · 146w
What's worse is that even if he succeeded with making it work for some people, he would probably get distracted and abandon whatever was starting to stabilize.
⚡️StackS⚡️ · 146w
https://cdn.nostr.build/i/3af3502ac445717078611d4d50104f960448818cc07bd91714416efed59f6066.gif
Svoboda · 146w
Rhetorical, right? Because he can make significantly more off you in a closed system.
CRIZZI · 146w
I think he just wants to see the highest revenue numbers possible. Open protocols aren't benefiting the company as strongly I suppose.
WolfMacbeth · 146w
I am hapoy he is not on nostr😎
HumbleSatsMan · 146w
I thinks needs to be probably because of the shareholders. Maybe this strategy will be used as an example in the future of how to not doing things this way.
closed · 146w
Elon is a hostage so he constantly tries to prove that he is not!
Sasha · 146w
I wouldn’t stress it. Not gonna happen under X.
Sovereign Matt · 146w
I think Elon Musk is just a marketing genius. I don’t think he is as smart as people think he is.
MayDood · 146w
Were CBDCs just misdirection for the X world coin? 😂
Jimbo Galtomoto · 146w
Ego
Onyx👸🏻 · 146w
📠 Had that happen to me, and they take your funds, then lock you out.
Zachary Sunforge · 146w
It's pretty clear Elon doesn't believe in digital sovereignty (just look at Tesla's, Tesla maintains full control of your vehicle after you "buy" it). Complete speculation here but as he's obviously a smart guy so I assume he's thought about it and it and it seems like his view is that there will ...
Neo ⚡️ · 146w
Because he wants power over the plebs.
L1berty · 146w
Moving X onto nostr would be a win win. Would be the same app with all its problems, but could retain users and (approved) content while letting users speak freely (on the wider protocol) and transact freely. Appease the overlords without kneecapping the people. On board many to bitcoin and decentra...
Safe Bitcoin Investing · 146w
He made the worst business decision of his live acquiring Twitter. He is trying to remediate it and for that he needs to control every single penny.
BureauGewas Realist Painter · 146w
Protocols are the antithesis of companies
Vic · 146w
He has to plug in a very large userbase from day #1. Protocols not able to assist
Bitcoin or Slavery · 146w
He's a govt subsidized career charlatan and snake oil salesman Controlled opposition to cajole you into dystopian hell
Joe Selden · 146w
That is the GOAL do you not understand? KYC EVERYTHING everything on a blockchain with no privacy-enhancing technologies to obfuscate transactions to achieve anonymity and fungibility.
IAM · 146w
Well let’s be honest… he’s at the top of his game. He’s the centre of attention. He’s aiming to be remembered & any selfish man would
Satoshis_Page · 146w
Remarkable in fact… 🤔
Anna Arunsuwannakorn · 146w
For my opinion his management looks so weird. P.S. I am not smart in IT area.
Ere.TK · 146w
he's reeeeeaaaally friends with govts, so it's pretty natural for him to be in bed with them
R · 146w
Power
Flinders Petrie · 146w
Pp is becoming a true tirany
oldkeyprince · 146w
I still have faith