Goodthing

[Goodthing @GoodGraeme]

@Ed_Miliband Slurp gobble ahhhh

[Goodthing @GoodGraeme]

@vonderleyen Idiot

[Michael Saylor @saylor]

Bitcoiners agree on the 99% that matters. We shouldn’t let the 1% divide us while nearly all global capital has yet to enter Bitcoin’s monetary network. The opportunity is bigger than the argument.

[mert @mert]

solana & zcash

don't mind me just fulfilling my paid shill quota for the day, carry on

[Goodthing @GoodGraeme]

@mert 😂

[Goodthing @GoodGraeme]

@SawyerMerritt @elonmusk

[Sawyer Merritt @SawyerMerritt]

This idea from some people that the government should heavily tax @elonmusk - the world's best capital allocator - and transfer a significant portion of that wealth to the government, one of the worst capital allocators, makes little sense, especially since much of his earned wealth exists because the companies he built have become far more valuable by creating products and services people value and are willingly to pay for.

Elon may have a high net worth, but virtually all of it is tied up in company stock. He doesn't have tens of billions of dollars in cash. Taxing his wealth would likely force him to sell significant amounts of that stock, putting downward pressure on the share price and negatively affecting millions of people who themselves own shares in those companies directly or through ETFs, mutual funds, pension funds, and 401(k)s.

I think I saw somewhere that Elon's companies have paid over $100 billion in salaries. Those salaries are taxed. Beyond that, his companies have already generated enormous economic value for America and the other regions that his companies operate in.

You want Elon Musk to do good for the world? Great, he already is:
• Tesla: Accelerating the transition to sustainable energy and developing safety technologies like FSD that saves lives.
• SpaceX: Expanding internet access through Starlink in underserved and low-income regions, saving the U.S. government $40 billion (according to the Pentagon), and restored America's ability to launch astronauts from American soil again.
• Neuralink: Giving paralyzed individuals new levels of independence with brain chips. Next, they aim to give blind people the ability to literally see.

Taking capital away from someone who has repeatedly demonstrated an ability to turn it into productive businesses, jobs, innovation, and economic growth, and handing it to a government with a far less effective track record of capital allocation - doesn't strike me as a good trade. Elon's wealth isn't a bug in our system, it's a feature of living in a country where entrepreneurs have the opportunity to build companies that create enormous value for society.

[Goodthing @GoodGraeme]

@elonmusk 🎯

[toly 🇺🇸 @toly]

As someone who had 6 years of soviet education, I find the USA Marxist education to be utterly sub par.

Wealth can only be created by the workers calloused hands setting the means of production in motion. It is the surplus that only living labor can wretch from dead labor.

The tesla car and the satellite is the wealth. Steel and lithium embodied into consumer use value of a self driving car. If there was twice as many of them in the world, the world is clearly wealthier.

If there was twice as many SpaceX shares, no matter how they are distributed, the world’s wealth is the same.

[Goodthing @GoodGraeme]

@KushyProd 💪

[KushyProd @KushyProd]

15 minutes left to lock in your Match Day 1 team!

[Goodthing @GoodGraeme]

@Investanswers 😂

[Goodthing @GoodGraeme]

@EdMarkey Term limits.....

[toly 🇺🇸 @toly]

If the world had 500 more trillionaires, the average global standard of living would be twice as high.

Faux-Socialists can’t grasp the difference between capital and wealth. They think money, the thing the government can print at will, is the same as wealth.

Even Marx understood the difference. Wealth can only be created by the workers calloused hands setting the means of production in motion.

It’s the Tesla cars, not the Tesla shares. It’s the SpaceX rockets, not the SpaceX shares. If there were twice as many shares of those companies, no matter how they are divided up, the world has the exact same amount of wealth. If there were twice as many cars or rockets, the world is clearly wealthier.

This is why socialists are unable to convert money into wealth. 15 billion dollars didn’t create a high speed rail in California. It didn’t build an EV charger network, or rural internet connections. Those things are actual wealth.

[Bill Ackman @BillAckman]

.@BernieSanders , it is a time to celebrate. @elonmusk has created enormous value for society by building @SpaceX, driving down the cost of rocket launches and creating a global satellite communication network that has brought high speed, low-cost internet and communication access to hundreds of millions and eventually billions of people along with critical advantages for our military and our nation’s defense.

SpaceX and its technologies will cause an acceleration in the growth of wages and wealth creation globally, including in some of the poorest communities in the U.S. and around the world.

Access to low-cost, high speed communications everywhere will allow children around the world to be educated, families to build businesses, and life-saving medical knowledge and care to be available everywhere.

SpaceX will materially bring down the cost of compute, advancing AI and humanity.

Meanwhile, 4,000 SpaceX employees yesterday became millionaires, including hourly wage employees who you claim you are trying to help.

The Elon Musks of the world drive growth, global GDP, and provide access to goods and services at lower cost that would otherwise not exist.

Elon’s nominal trillionaire status is due to his ownership of SpaceX, Tesla, Neuralink, the Boring Company and his other initiatives that have brought new technologies that improve our everyday lives.

Elon is not sitting on a trillion dollar pile of cash, jewelry and gold. He is using his controlling stakes in his companies to advance mankind. Elon’s companies don’t pay dividends. They reinvest all of their capital to accelerate innovation and value creation.

Elon is working 24/7 for all of us. He deserves respect and appreciation, not smears.

Bernie, your socialism would never allow a SpaceX to be built. Socialism has only proven to impoverish mankind and lead to death and destruction.

We need to create the conditions for more SpaceXs to be built, not attack the great entrepreneurs who are helping to advance our country.

[Goodthing @GoodGraeme]

@toly @elon 🎯

[toly 🇺🇸 @toly]

The world spent roughly $1.5 trillion to launch all the non SpaceX satellites. @elon did it for $50b. So if the world truly believes that poverty can be eradicated for $1t, they should switch entirely to SpaceX for launches, save $1t and spend it on eradicating poverty. It’s that easy.

[Goodthing @GoodGraeme]

@binance Positive

[Juanita Broaddrick @atensnut]

STFU and SIT DOWN.

You create NOTHING, you build NOTHING and you employ NO ONE!!!

You’ve lived off taxpayers for decades. You’re the problem, Pocahontas…. Not Elon!!!