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August 29, 2023, 11:53:39 PM |
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If he was never using it I do wonder why he bought the BTC, what purpose did it serve for him. Should a company sending rockets be speculating on commodities they have no direct interest in, its hardly the fault of BTC what the misguided ideas of the buyers may have. Elon is bearish on the Dollar I suppose, well thats a hard argument to carry because its macro economics. The idea of bearish dollar has been in play maybe longer then he has been alive, it has declined yet it remains here as the largest most referenced currency. Elon has some good ideas but fighting over this USD forex play, fiscal deficits or whatever his personal take might be and expecting some profitable trade to result in a few years is not one of them.
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