Tru dat... also that host is kinda hot.
Elon Musk is a true measure of intelligence, just not of his: software & hardware engineer, rocket scientist, literal car & rocket designer, battery & boring expert... and he makes monkeys play mind pong on the side, he's all right. He's a measure of your intelligence: anyone who gets triggered and all emotional by his autistic Tweeting or TV appearances he clearly takes lightly is simply DUMB. Anyone either choosing to try to understand the man behind the Tweets or the mind behind the vision - or simply goes on with his, her or their life without caring about some rich African-American cunt making tabloid news is INTELLIGENT. It's that simple.
Just today, Elon triggered the opposite of ppl. he triggered few months back when Tesla announced it bought a large sum in Bitcoin. All the triggered-happy leftists and environmentalists came out how such a two-face sack of billionaire shit he is, and now that Tesla says they are hodling onto the coin but not accepting it as payment due to environmental concerns today (key point in the statement), besides triggering the same crypto attackers again (two faced cunt, we told ya!), crypto defenders are triggered and call him a backstabbing cunt.
The dumb fucks we have to share this Earth's precious air with I swear.
There is a very practical reason behind Tesla buying Bitcoin however: anyone who watched some sobering news since last Summer or followed Cathy Wood's projections on supply chain issues, prices hikes and high inflation coming, scaring tech and growth stocks aren't too surprised about the high inflation numbers and the panic selling it triggered. So buying cryptocurrency late last year was an excellent monetary choice by Tesla as the Federal Reserve can't print and inflate Bitcoin, so it's a far better mid-term solution to store your cash during the crash rather than have the same amount of dollars worth a lot less in 1-3 years. And Tesla now has plenty of free cash not currently being invested, plus already made 100% profit on the bitcoin buy (not realized obviously) so it was clearly a good investment - offering to buy Teslas just came on the side, and they backtracked only on that.
So concluding that Elon is crashing Bitcoin he stores a large portion of Tesla monetary reserve in is... well, incredibly dumb by triggered idiots.
But if you read between the lines, there a lot more to it. First, what gets little coverage beyond Bitcoin's obvious tremendous negative environmental impact are the studies actually looking into who mines bitcoin using what energy source. And the fact of the matter is: the majority of coin mining comes from countries with very high renewables connected to the grid, so the real environmental impact is far smaller than simply extrapolating all energy consumption onto humanity's average CO2 footprint per KWh.
And it's improving for coins unlink the banking system that has 10 million ppl. driving to air-conditioned offices and banks via ICE cars, and billions of clients do the same, plus there are the computers, the server parks and the impact of cyber security: the FIAT currency system has TREMENDOUS environmental impact and renewables improve it MUCH SLOWER than they improve coins that skip all the driving and offices and whatnot. And we're back to "today": Bitcoin is not better to the environment than banking just yet, perhaps not in 5 years, but it's clearly moving toward that disruption and CO2 parity. And that's where Tesla "looking at cryptos under 1% of Bitcoin energy consumption per transaction" comes it... Can you name such a coin?
Many envision Elon gaining control over Dogecoin or coming up with Aspercoin / Teslacoin / Eloncoin since cryptos absolutely fit into his decentralized future - AND if he can make it so that this coin can only be mined and maintained via renewables with low energy consumption per transaction - preferably generated by Tesla solar of course - then he has a candidate for both decentralized green energy arbitrage and money distribution that is ore environmentally friendly than maintaining a bank.
I can even see anyone tapping into renewables energy generation and trade via Tesla's autobidder AI SW will be rewarded by greenly generated coins, so you'll be incentivized to be part of this decentralized revolution and will be paid in decentralized money. Yes, I am clearly one who spends time trying to understand his brain and vision, but it really does paint, what appears to be at least on paper, a better future than the one we're currently stumbling into. What say you, CHB?