Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 5. (Read 8882 times)

That is why Bitcoin adopters shouldn't be idolizing anyone. I saw some posts across the internet where people wished Elon Musk were invited to speak on Bitcoin Conference side by side with Trump (what is another ridiculous idea on my conception). Why do people behind this Conference need centralizing Bitcoin around some biased political figures? Bitcoin has come to balance things in favour of those who were disadvantaged regards financial world's opportunities in the past exactly because those figures exist and act the way they do.

Trump isn't concerned about Bitcoin giving more freedom to average people around the world. Elon Musk neither, it's all about profit and personal interests. If tomorrow they find out Bitcoin is uninteresting for their personal image, they are going to adopt an hostile stance towards it (once again, as it has already happened previously). So why are the common people who were benefited by Bitcoin concerned about raising the voices of Trump, Musk and such characters?

It's just ridiculous in my opinion... These people deserve being their sheep inside a centralized environment fully controlled by these landlords.

If you look at Elon Musk is one of the most smartest businessman I’ve ever seen in history. He practically knows how to take advantage of situation starting from his businesses, One thing have learnt About Elon is that equals for the knowledge after identify a problem and that is what most billionaires and millionaires are always targeting target is always the problem and then comes to solution for Elon Musk to actually make a donation of 200 million US$ into Donald Trump election there is definitely a reason for it and Trump gets into office. Definitely a favor must be returned so he is not a fool to actually donate such amount of money into election there is definitely a reason for it, both are businessman and I’m sure they must have done business together so they know the value of returning a favor.

I don’t think Elon have any intention to join politics. He as a different thing in mind me personally I don’t like politics because all politicians are the same. They will promise everyone at the end of the day they do nothing they have consign for there self and your their family. And that is why I made a statement saying that Elon has a reason for putting such amount of money into Donald Trump election and that is more being an influencer might actually have an impact trump election, lets see if Trump is good to go to become the US president one more time. Because if you ask me, I don’t really understand why Trump seriously want to become the US president again is a question that I’m still waiting to know the answer.

And this is something that you should really be that careful on which on the moment or time that you do find yourself being a fan on following these sentiments then you should really be that careful.
Why? you would really be that wary that there would really be those kind of intents with those business owners or simply with those billionaires or millionaires who do have a business. They would
really be definitely be that focusing on how they would really be making up some boost up into something on which they do know that they could really be able to make more money.

Just on example we do have on here in speaking about Elon and crypto then we cant be able to deny that this one is really that a significant figure considering that even on those tweets he do make
on which on the time that people do get some hints or clues about on what kind of coin he's been tweeting then there would really be that significant movement on which you could really be able to
tell that people or the community does really still longing about his tweets despite of those issues that he's being a manipulator.

I think Elon decided to support and donate to Trump not only because Trump supports cryptocurrency. As everyone said above, Elon is thinking about the benefits for his business or as I predicted, he also intends to participate in politics in the future. So I believe he will donate in USD and this money will also be used to advertise the election campaign, so USD will be most convenient.

Regarding Doge integration into X, I believe we will see it soon during this bull season. It's just a matter of time because if this happens it will create hype for Doge and it will be more perfect if it happens during bull season than now.

After all, he is a businessman and profits are still his top priority so don't be surprised when he focuses on profits.

Business owners do have the ability to create a buzz and Elon Musk is one of those who often creates public attention.
His goal is none other than to create attention for the company he is developing and he never cares about other impacts. I agree that a normal person would not follow him because he is a successful person and to make investment decisions it would be very stupid to just follow what he does.
Dogecoin did gain good momentum at that time, but the movement after that was a little slower.
If he leaves Dogecoin, it is certain that the price will fall because there is nothing more fundamental except his influence on the game in the public.

It makes me wonder whenever Elon Musk will be donating BTC to Trump or just plain-old Fiat (USD). Especially when Trump has given his full support towards Bitcoin and all things crypto. I doubt Elon Musk would donate DOGE.

Regarding the OP's question, I think Mr. Musk is only into crypto to gather all of the attention from mainstream investors. This will help him take his companies to another level. Not because he's seriously interested in crypto/Blockchain tech. You can see why up to this date he's been speculating about a possible integration of DOGE into X, without making it a reality. It's all words, but no action. Once market prices go to the moon, he will reap the rewards while the rest will go "rekt" in an instant. That's the way it works. Only a fool will follow Elon Musk to make a crypto investment decision. Who knows what will be of Dogecoin once Elon Musk decides to abandon it?

That's the first thing that came out of my mind too after reading @rdbase's post. He seems to be glued to that letter like there's a big meaning behind it.

This is an article way back October of 2023 and I think it's a good read about the letter "X" obsession.
https://www.independent.co.uk/tech/elon-musk-x-obsession-twitter-b2406540.html

Yeah, it can all change once he is seated and we cannot do anything about it, neither a powerful man. I am not against Trump but let's be real, they will use anything to get that seat. Sweet words will come out but it doesn't mean it should come true in the future.

This is why he is solely doing this: So to get advantageous right from people including congress in the white house.
He couldn't with the current administration since they put on restrictions on where he is allowed to operate in the country so that is why he had to move his Giga Factories overseas to China.
There were some laws put in place so to deter his operation in the state of California as this was hotly debated when Biden took office.

This amount means nothing to him since last month Tesla shareholders approved of his pay package of $56 billion:
https://www.reuters.com/business/autos-transportation/musk-says-both-tesla-shareholder-resolutions-passing-by-wide-margins-2024-06-13/#:~:text=June%2013%20(Reuters)%20%2D%20Tesla,his%20biggest%20source%20of%20wealth.
Plus donations can be written off as a business expense. Don't you wonder why corporations in the States donate so much to campaigns in the first place? They can reap the rewards two fold if smart about it.

Elon currently owns assets of more than 250 billion USD and donating 200 million USD to Mr. Trump's election campaign is not too difficult for him. Additionally, I think Elon has bigger plans in supporting Trump, not just for the benefit of his companies. With his acquisition of Twitter and his support for the Republican Party, it seems that he is preparing plans to enter politics instead of just serving his business. I wouldn't be surprised if he gets involved in politics in the coming years.

No politician is trustworthy and we should not be quick to believe what they say, but their public support for bitcoin is notable.

If he actually does it, he will do it for 3 to 4 months and it will cost him $135M to $180M for donation to Trump campaign.

If Trump win the President Election in November, Elon Musk's companies can get some advantageous benefit from Trump administration in the White House but Trump is not above laws and he will have to do administration with consensus from The Congress too.

Elon Musk reportedly plans to give $45m a month to pro-Trump Super Pac.
They forgot that Trump is very unpredictable man.

I would like to think that is exactly why Elon Musk has stated he will donate $45mln a month to the Trump campaign.
This is what they were discussing about during the Republican Convention before he made an appearance for the first time since the last one where he was shot in the ear. He had a large white bandage over his ear so they must of tried to operate on it so to recover the piece that is missing now from the bullet. Some plastic surgery must of been involved so to have it covered up while it heals.
There are now some others who are in the cryptocurrency markets who are also rallying behind him in donating to his cause for the presidential candidacy over the next four months which include the Winklevoss Twins.

Trump has always been a stubborn man, deeply rooted in his ideas and that’s just how I like it. Someone who is defiant in the face of all that is opposed to him and this might be the very reason why he succeeds in what he sets out for.

An attempt on his life at the rally only further helps his ambition although, I wouldn’t see this to be political motivated from either party but rather, from the party of the things he stands to end. Sadly, it recorded some victims, my heart to their families and the stripes of blood on Trumps chick should push him towards standing behind all that he says and the public expects of him.

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Elon’s relevance is just as we see it. I admire his success always but, when it comes to directives on Bitcoin, well, I would like it more if he starts buying and it doesn’t affect much of my activities about Bitcoin.

Things were rolling on X over the weekend and if somebody says it wasn't a historic and wild one needs to get their heads examined ASAP!

Elon Musk has officially fully endorses Donald J Trump's run of the United States Presidential campaign

https://x.com/elonmusk/status/1812256998588662068

Also the now historic photo after the attempt of his life on stage but still has the awareness of being defiant against terrorism:

https://x.com/elonmusk/status/1812258574049157405

He is still going to the scheduled rally in the state of Wisconsin, while his handlers opposed it and suggested to him to  have it delayed by 4 days but he refused to do that.
https://www.msnbc.com/msnbc/watch/trump-lands-in-milwaukee-for-rnc-still-on-track-to-speak-214838341989

Will still be speaking at the bitcoin conference 2024 in Nashville Tennessee later this month:
https://bitcoinmagazine.com/business/donald-trump-to-speak-at-bitcoin-2024-conference-in-nashville
https://www.wsmv.com/2024/07/14/trump-still-scheduled-speak-bitcoin-conference-nashville

I guess, because of his obsessions of the letter X, XRP would make sense.

But if there aren't any new rumors that haven't been yet shut down, i don't think that Ripple fits in his modus operandi.

He bought the twitter to have an audience and attention, and large part of that is crypto audience, so naturally we at least considers every opportunity to pander his audience.
And this is based only on my feelings about it: but i think twitter has more XRP haters then xrp shillers.

And one thing that fits in his autism is, that autistic people sometimes subconsiously copy people they are surrounded with. And since elon just bought the twitter, which is flagship for trolls, it naturally also affected his level of maturity. As in result: i think XRP is too mature for him. It's just not edgy enough.

IF doge would be a company, that he would probably try to buy somehow. And Bitcoin he can't be CEO of and i think that's why he sold it, not because PoW. And when it comes to X in names, i would be surprised if he wouldn't be trying to buy the brand name "Xtraordinary" at low price with some shell company.

^^
The ripple lawsuit from the SEC is just about settled and this had been keeping large corporations such as an X from doing business with them.
And what symbolism if they did add XRP to X.
Wouldn't they seem to go hand in hand with each other? Musk could buyout Brad Garlinghouse to instate himself as the new CEO.
He did it to Tesla from the two founders and then with Jack Dorsey formerly known as Twitter.

Whoa! That's new. Did he ever tried to survey at how people will react first before he do this kind of change in the one of the most popular social media that he now owns? There's a chance that they won't like it. I like it though, it will become like a news outlet for everyone you follow without interacting. More like an online newspaper or for others, the diary of their followed celebrity. I think it's better.

I don't know if this is real or not but I believe it can be possible.
Elon Musk’s AI hints at potential XRP adoption on X

https://www.cryptopolitan.com/elon-musks-ai-hints-x-platform-xrp-adoption/

.

No news about Musk and his company's plans to incorporate any sort of cryptocurrenies on his platform lately.
But he will be doing some changes to the platform many are not so happy about:

https://mashable.com/article/elon-musk-x-twitter-remove-repost-retweet-like-reply-buttons-count

So whatever happened to adding digital payments aligning cryptocurrency as an option for x payments.
https://arstechnica.com/tech-policy/2024/06/elon-musk-rushes-to-debut-x-payments-as-tech-issues-hamper-creator-payouts/

Wouldn't this solve any issues he faces with all this regulatory red tape in each state? The SEC will be in tatters by the end of 2024 anyways by the end of this election year and it will fully back the use of cryptocurrencies or does Elon not believe this to be true?

I don't think it's about the AI or anything, it's about the business, he is doing this to take out the competition and he want his own project to be the one injected on their products. That's one way on how to stop something to make a move, a threat.

It will. But what else is his option here in case Apple continue to use the said AI? I think he will have a hard time finding an equipment as good as Apple and it will probably just be a waste of resources if he continue to do so. That's an unwise move as a businessman just because of this kind of update.
If Apple will weigh the number of buyers of their product against the whole company of Elon, well I think there's more buyer outside that one company only.
It's his posts that is trying to stain the name of them which I think will hurt them becuase of the number of Elon's followers who might do the same.

Is it though? Sounds like he hasn\t watched the keynote video and got already community noted



And these 3 comments under it in a row pretty much summarize his hypocrisy
 


He is just bitter about not being able to take over OpenAI company and put himself as a founder of it. So he is bashing it on any change he gets...

This is a good example tweet on how he doesn't understand what ChatGPT is or how it works:



Anyone who knows anything about chatgpt would understand that it doesn't have anything to do with "intelligence". It's basically fancy text prediction bot that's based on statistical correlations. How do i know this while i don't even code and he does not?