@lex_node RWAs on chain remind me of clock faces in early web2: familiar but pointless interfaces to suffice while we conceptualize disintermediated native assets for a new world
@FCNightingale I don't think their values kept up with inflation... Though they might get special weighting consideration in measuring inflation going forward
.@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.
True: "Transformational products deliver tangible value at 1000x the rate of charities whose value cannot be tested in the market place."
Sadly, many (most?) charities don't just create little value. They often do net harm by getting captured by political agendas, bureaucracy, or bad incentives.
Wealthy people often do philanthropy for tax optimization more than results. A neutral-to-slightly-positive charity can still beat giving that money to the government (depending on local waste/fraud levels), but it's a low bar.
If you actually love humanity and want to help people: practice capitalism first. Build products people voluntarily pay for and use. Taxes and philanthropy are distant seconds.
...A British sketch portrayed two Nazi soldiers asking if they might be the bad guys in World War II after spotting the Totenkopf on their caps. One asks, “Hans — are we the baddies?” It is a question that more Democrats may need to ask their leaders. https://t.co/P94E3mGNvm
listen up, we have to vote for the man with the nazi tattoo so he can stop the man landing rockets and curing the blind from making any more money, otherwise we’ll get fascism
you see how stupid you sound, yes?
Elon Musk earns a trillion dollars, the Left has a meltdown,
The government steals half your paycheck for trillions of dollars a year, the Left cheers.