• You and your friends would steal 80% of it
• you’d come in 300% over budget and still spend 3x what you taxed
• you’d start 2 useless departments that soak up billions yearly forever going forward
• the entire mess would be riddled with bribes, fraud, and fake daycares
• you’d be proposing a 2nd, 3rd, 4th and then permanent wealth tax to deal with the “gross underfunding” of your corrupt “childcare for everyone” empire.
The icing on the cake? Childcare costs in the US would increase by 40% in 2 years.
If I was @elonmusk, I'd use all $75B raised to acquire more BTC, BTC would likely go to $200k+, then I would issue $150B of Digital Credit in order to go to Mars faster.
Elon is now worth $1 trillion.
But even if Elizabeth Warren and Bernie Sanders confiscated 100% of his wealth, it would only cover the US budget deficit for about 6 months.
Congressional spending is increasing the debt at $2 trillion per year. $40 trillion national debt.
That the world’s first trillionaire is an immigrant to the United States who arrived with little, slept on floors, worked 100-hour weeks, & built companies now employing the population of Savannah, Georgia, will be entirely lost on the bitter arithmetic of envy and economic ignorance masquerading as egalitarianism.
Now, as always: markets and entrepreneurship for the win.
You could give “the typical American” 11 MILLION years and they still would not create PayPal, Tesla, SpaceX, OpenAI, xAI, Neuralink, Boring Company, Ad Astra, all while single-handedly saving free speech for all mankind while lifting humanity out of the grip of Big Tech tyranny.
If the socialists had their way, Elon would have had his paypal profits taken and redistributed for the greater good.
The world would never have seen Tesla, nor SpaceX.
And the world wouldn't know it, because they were uncreated, and thus unseen.
Imagine the companies that don't exist, because Washington destroyed them before they were born.
🚨 It's not just ZCash.
Opus 4.8 also found a vulnerability in $USD that allows for unlimited issuance which could theoretically enrich insiders at the expense of all holders
huge breaking
Jamie Dimon’s evolution:
❌ 2017 - BTC around $5,600
“If you’re stupid enough to buy Bitcoin, you’ll pay the price one day.”
✅ 2026 - JPMorgan now
“Hey, buy Bitcoin products from us. It’s not a tulip bubble anymore - we found a way to charge fees on it.”
Legacy finance 🤡