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Tesla’s action isn't directly reflective of my opinion. Having Bitcoin, which is a less dumb form of liquidity than cash, is adventurous
Tesla’s action is not directly reflective of my opinion. Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S&P500 company.
— Elon Musk (@elonmusk) February 19, 2021
Added at 10:14pm
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To be clear, I am *not* an investor, I am an engineer. I don’t even own any publicly traded stock besides Tesla.
— Elon Musk (@elonmusk) February 19, 2021
However, when fiat currency has negative real interest, only a fool wouldn’t look elsewhere.
Bitcoin is almost as bs as fiat money. The key word is “almost”.
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