SpaceX is still holding 18,712 bitcoins!

[goldkingcoiner]

I have absolutely no faith in Elon Musk or his determination to hodl any amount of Bitcoin. But it can be said at least he is not a panic seller. And in the same breath he is not a true bitcoiner, especially after convincing so many people to hype up and pump the doge shitcoin. And dumping it straight after...

I think the same, because if I remember correctly, his other company had over 40 000 BTC at one point and I think there's almost nothing left of it today. I may be wrong, but it seems to me that these coins in question will also be sold at some point, because Mr. Mars made it very clear what he thinks of Bitcoin when he removed it as a payment option in his company. Even clear evidence that BTC mining uses more than 60% of energy from renewable sources did not make him change his decision.

Considering he has a bunch of blind followers, I have no doubt that he has done much more harm than good for Bitcoin.

I think he is an egomaniac who enjoys all the attention he is getting and his followers are indeed blind to be following him. Everything he does turns out nothing but a hype. And now his IPO Spacex offering is being hyped up beyond reality. But it will turn out as worthless as his Tesla trucks, which are falling apart at the glued seams...

Some people are talented talkers and convincers. Bullshit artists in other words.

[Dump3er]

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I think he is an egomaniac who enjoys all the attention he is getting and his followers are indeed blind to be following him. Everything he does turns out nothing but a hype. And now his IPO Spacex offering is being hyped up beyond reality. But it will turn out as worthless as his Tesla trucks, which are falling apart at the glued seams...

Some people are talented talkers and convincers. Bullshit artists in other words.

I can't say for sure that I understood it correctly, but he influenced the rules for the IPO such that much smaller amateur investors can participate. Usually that was meant to protect those from big financial losses, but he somehow influenced lawmaklers or rulemakers? Maybe you can explain that here if you heard about it, but I think got favorable terms that offered for the first time and have been against the rules before.

He is going to reach some financial milestones to pull out his money at some point, but then I think the losses will be socialized whole the profits will be privatized. Isn't this the classic rulebook for distributing wealth upwards from the poorer to the rich?

[bbc.reporter]

In any case, it appears that the grandma Warren is very angry that Elong has become the first trillionaire for creating electric self driving cars and self landing rockets hehehhe. This anticrypto grandma will attack anyone who becomes rich from business and investments.

Elon Musk just became the world's first trillionaire.

The typical American household would have to work more than 11 MILLION years to make Elon Musk's level of wealth.

We need a wealth tax.

I don't understand why Warren criticizes Elon Musk's wealth when she's not exactly poor. Some sources estimate Elizabeth Warren's net worth at around $10-12 million. Perhaps it's because her wealth is only 0.005% of Musk's.

In any case, she is greatly exaggerating about Elon Musk's wealth, but I agree with her on one thing: that a tax should be imposed on wealth, but that the money should go to charities and the poor, not to the government.

Heheheh grandma Warren and the liberal Democrats see someone who has become very rich and famous and they will go to the social media platform of the person who has become very rich and tell him if they could have some of the riches hehe.

These liberals should be careful on crossing the barrier towards the philosophy of Karl Marx.