@DougTenNapel Demand cannot just be fabricated out of thin air. Just because you can make a bunch of cheap movies doesn't mean there is a market of people wanting to watch them.
@NoLimitGains You clearly don’t understand the scale of the universe. Right now we are trapped on earth. SpaceX is literally the gateway to the rest of the universe
@PeterSchiff@saylor I think you're just saying what you have to say based on your career and life's work being tied to gold. I think if you were 18 right now you'd end up a bitcoiner. I think you know bitcoin is the future but you just can't admit it publicly.
The SpaceX IPO will be the watershed moment for Wall Street to open their doors to self-directed, retail investors.
The banks have been trying for years to figure out how to court this cohort of capital and SpaceX gives them the perfect asset to entice individuals to enter their ecosystem.
If the IPO goes well and individuals make money, there will be a bonanza for the banks in the next few years. Retail investors will pour capital into funds, IPOs, and various instruments.
If the IPO does not go well and individuals lose money, the relationship between the institutions and retail investors will be set back.
This is the first date between two groups who historically have been skeptical of each other.
Let’s see what happens.
@PeterSchiff@saylor Is there any price or any amount of time that bitcoin could surpass that would change your mind on it's staying power? If the answer is no, then you are being disingenuous. If the answer is yes, what are those thresholds?