Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 8.

Reid

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Quote from: rdbase on March 02, 2024, 07:36:05 AM

Musk apparently is going after Open AI's CEO for abandoning the company's original goal while it was still a startup.
https://www.reuters.com/legal/elon-musk-sues-openai-ceo-sam-altman-breach-contract-2024-03-01/

Could this due to Elon starting up his own A.I company Grok last year?

Could be.
Elon Musk makes Grok AI open source amid ongoing OpenAI lawsuit
https://cointelegraph.com/news/elon-musk-open-source-grok-ai?fbclid=IwAR2a0BmA-y3-Ywg2G6Seu6woSgeiEqK27HhOgRkBkZ_AJOdpO6C9SXc6uVY

Quote

Like OpenAI’s ChatGPT bot, Grok is an AI chatbot developed by Musk’s company, xAI. Unlike ChatGPT, however, Grok can access real-time information via the X social media platform and answer more hot-button questions that some other AI systems reject.

Quote

Musk’s decision to make Grok open source aligns with his requests in his lawsuit against OpenAI to advance open-source AGI for the “benefit of humanity.”

"Benefit of Humanity". I highly doubt that. Cheesy

There's always a benefit for humanity but the priority was always the benefit of the wallets. I just don't like how the sudden thought of making an AI came out after attacking the old one who had been in the trend for now.
I think this is also to boost the number of X (formerly Twitter) users. Why? Because accessing the xAI would need an account in X.

Quote

To access the chatbot, users must have a verified X account. According to some comparisons, Grok AI, which is powered by the Grok-1 large language model, surpasses ChatGPT-3.5 but doesn’t perform as well as OpenAi’s ChatGPT-4 model.

rdbase

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Both Tesla & SpaceX hold $1.3 billion worth of bitcoin according to this article published yesterday:

https://decrypt.co/220597/tesla-spacex-bitcoin-wallets-elon-musk-firms-1-3-billion

After it was speculated that Tesla added more bitcoin to it's books causing this recent surge in the price.

https://cointelegraph.com/news/tesla-buying-bitcoin-btc-wallet-curiosity

rdbase

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Musk apparently is going after Open AI's CEO for abandoning the company's original goal while it was still a startup.
https://www.reuters.com/legal/elon-musk-sues-openai-ceo-sam-altman-breach-contract-2024-03-01/

Could this due to Elon starting up his own A.I company Grok last year?

rdbase

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Buffett and Musk discuss about what the True Currency is and it could be bitcoin with the recent swings it has had since Monday.
https://www.forbes.com/sites/digital-assets/2024/02/26/the-true-currency-elon-musk-surprisingly-sides-with-bitcoin-critic-warren-buffett-amid-crypto-price-swings/?sh=540bfb5e4951

Like how he eludes to time as the currency. This could mean a certain selection for his platform's payment system they have been developing and delaying to finally name.

rdbase

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Some interesting articles which came out a few days ago on what is the point of Elon's AI company Grok with Open AI being so successful and why he bought Twitter in the first place via podcast so a subscription to Bloomberg is required to hear from the former CEO of what is now known as X:
https://www.theverge.com/24080217/elon-musk-xai-fundraising-grok-ai

https://www.bloomberg.com/news/articles/2024-02-22/podcast-why-elon-musk-bought-twitter-in-the-first-place

rdbase

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With AI advancing at an alarming rate I would bet a million many have not heard of the next iteration of Musk's invention grok. Groq which has peaked the interest of those who have been following the next innovation towards the race to become the best in the industry:

https://gizmodo.com/meet-groq-ai-chip-leaves-elon-musk-s-grok-in-the-dust-1851271871

Reid

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Quote from: Funke on February 09, 2024, 05:41:34 PM

There was a time I made a post on this platform explaining how I see a time coming when Elon Musk will be making an effort to dominate the crypto world which will keep his wealth measured higher. Unfortunately, moderators of this platform deleted the post. Today it is coming to pass.

If its in the right section of the forum then I doubt it will be deleted.

About Elon Musk. I think the big question would be if he made an impact on the cryptocurrency industry. He made a lot of ruckus buying $1.5 billion worth of Bitcoin, and then next to it is boosting Dogecoin.
So I guess he did made an impact in a different way. On social media especially, because those who haven't got a clue about it was suddenly introduced and maybe those who are pessimistic about Bitcoin and other cryptocurrencies changed their mind thanks to him.
The impact was seen at how Bitcoin rose to 5 digits in value because the demand suddenly sky rocketed and no one really expected it to be that fast.
He can definitely make a market swing thanks to his followers and connections.

Is he using crypto for attention of his product? I think he is. And now even X (formerly Twitter) is also reaping those rewards.

Funke

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Quote from: rdbase on May 07, 2021, 04:40:39 PM

Watching the lately spot about Musk appearing on live tv this weekend for showing what all the hype is about and if he will actually have a mention of his favorite cryptocurrency doge, it seems the media are jumping all over this appearance.
https://www.youtube.com/watch?v=nWWzszskgmA

What are your thoughts about this North American appearance and what do you think he will do or say about doge or even bitcoin?
I think since Miley Cyrus is the musical guest he will have her dress up as a dog and call her doge. Cheesy

She likes cats and had dressed up as them on stage during her concerts, so you never know what these two crazy people will do on this episode.

There was a time I made a post on this platform explaining how I see a time coming when Elon Musk will be making an effort to dominate the crypto world which will keep his wealth measured higher. Unfortunately, moderators of this platform deleted the post. Today it is coming to pass.

rdbase

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Neuralink a company the Tesla CEO owns had successfully implanted a chip inside a human test subject.
So far they were stable and doing well last I heard.
This was done to help with those who have had their physical motor skill functions impaired inorder to regain mobility again.
It of course can have other applications.
Paired with something such as the Apple Vision Pro and you have something resembling an early renditions of cyborg technology.
Instead of people using their Vision Pros as a very expensive way of trading cryptocurrenies in a virtual environment.
Elon can finally bring a Doge nft to life virtually.

rdbase

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Tesla still has Using Bitcoin as a payment option of a tesla on their website.
https://www.tesla.com/assets/pdf/BTC_What_You_Need_To_Know_en_US.pdf

There were some other headlines about their holdings of bitcoin most recently aswell the judge rejecting their proposal of his compensation package yesterday.
https://cointelegraph.com/news/tesla-missed-out-300m-profit-bitcoin-sales

Ark Invest CEO Cathie Wood bought Tesla stock so there is something brewing between these two afterall:
https://coingape.com/cathie-woods-ark-invest-adds-arkb-bitcoin-etf-worth-51-mln-this-week-buys-tesla-shares

She could get Musk to fully get on the bitcoin train before it has left the station.
Meaning before the bull run hits post halving.
https://coingape.com/halving/bitcoin-halving

rohang

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Tesla was going to pay musk 56 BILLION $ which was rejected by a delaware judge in favor of the investors who had sued elon

https://www.google.com/amp/s/amp.theguardian.com/technology/2024/jan/30/elon-musk-tesla-pay-package-too-much-judge-rules

This has led to some rumors that musk might sell his btc holdings, reported to be worth around 9720 btc

https://coinpedia.org/news/crypto-panic-musks-56-billion-loss-sparks-fears-of-massive-crypto-sell-off/

rdbase

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Today's surge in the price of bitcoin caught everyone who had been watching the price for the past two weeks since the spot ETF was approved certainly off-guard.

This could be due to the accummlation of particular headlines in the past 24 hours.
The one included I believe did this aswell would be this one:
https://decrypt.co/214314/elon-musk-tesla-holds-387-million-in-bitcoin

Plus the talk of X payments possibility of introducing an unnamed coin could also have bitcoin as a candidate during the approval process.

https://www.investing.com/news/cryptocurrency-news/elon-musk-shares-insights-on-x-payments-doge-army-abuzz-shib-burn-rate-surges-4240-tesla-reveals-its-bitcoin-holdings-crypto-news-digest-by-utoday-3284577

You can't say these two didn't help in the confidence level of bitcoin so to have the 5% increase in it's price in the past 24 hours.

rdbase

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Some advancement on the X platform's way on online payments which many are seeking which cryptocurrency, if any, will the owner of X chooses:

https://cryptonews.com/news/elon-musks-x-payments-feature-sparks-speculation-among-crypto-enthusiasts.htm

An x post speculates on which cryptocurrenies begin with the letter X would be chosen but they could just come up with their own currency for use as the payment of choice once released on the platform in the middle of the year:

https://twitter.com/MasonVersluis/status/1748787693432283547

doubletheprof

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I fell like Elon Musk is a great person to observer, since you can literally make money, by investing based on his tweets lol

rdbase

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The stories never stop about Elon and his adventures within the cryptocurrency space.
It is like Wonka in the Cryptofactory.

As this next one will shock even the most experienced trader of the cryptocurrency markets!

Many already know about this tweet put out by musk at the beginning of the year:
https://twitter.com/elonmusk/status/1744528285273321825

As it was news worthy to have it featured on Business Today and the Economic Times publications:
https://www.businesstoday.in/technology/news/story/elon-musk-changes-x-bio-to-chief-troll-officer-new-location-trollheim-412570-2024-01-10
https://economictimes.indiatimes.com/magazines/panache/elon-musk-declares-himself-chief-troll-officer-updates-his-bio-on-x/articleshow/106655111.cms?from=mdr

So someone actually ran with this and created a memecoin called TROLL in lieu of the change in title on his X profile.

"Memecoin trader briefly becomes millionaire off throwaway Elon Musk X gag.
A crypto trader turned $10,000 into $1.3 million with a well-timed purchase of the TROLL token after Elon Musk updated his bio to “Chief Troll Officer” on X."
source: https://cointelegraph.com/news/memecoin-trader-makes-million-on-elon-musk-chief-troll-officer-bio

rdbase

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Elon took to an X spaces invite from one of those Bitcoin Spot ETF companies CEOs in Cathie Wood from Ark Invest a few days ago.
So here is the interview which was done right after the ETF was approved and what Elon thinks of Bitcoin now that it is accepted by the financial institutions of Wall Street and if he will allow it to be a form of payment on his platform:

Elon Musk BRUTALLY Honest About BITCOIN
https://www.youtube.com/watch?v=pbBT4UISc1o

This was done by a former Tesla employee Farzad Mesbahi as he runs a podcast.
Here is the information about this person who still believes in Tesla and what they are doing since he currently holds their stock.
"I worked at Tesla starting in July of 2017 as an Operations Analyst out of the Bethlehem, PA distribution center facility and left as a Program Manager based out of Austin, TX as of September 2021. I spent most of my time in the distribution and supply chain organizations.
Before Tesla, I was a Director of Business Intelligence and Pricing at the largest Pet Food & Supply distributor in the US, Phillips Pet Food & Supplies based out of Easton, PA. My wife and I also owned a small business in Bethlehem, PA between 2016 and 2019.
I have been a shareholder of Tesla since 2012 and currently own Tesla stock.
My thoughts are my own and are not representative of everyone who currently works, or has worked at Tesla."

rdbase

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^^
Musk has been for many years and the crypto-related community atleast on his X platform had been reminded with the recent starlink launch for mobile phone service:
https://u.today/elon-musk-excites-crypto-army-with-starlinks-new-product

This keeps the names of some of these cryptocurrency projects in the atmosphere and the same breath for Elon.

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Quote from: rdbase on January 02, 2024, 06:41:52 PM

If Elon were to introduce a payment structure on twitter/X then it more than likely would be a coin he believes would be more marketable to the users on those platforms.
Here is a short video of when he says he does own bitcoin but also dogecoin and ethereum.

https://www.youtube.com/shorts/39BNzMdWOpQ

Elon musk maybe thinking of entering in a field of crypto currency and I think he already did as mentioned inthe video he does dogecoin and ethereum, a meme coin and an altcoin, this coin maybe seems dangerous and risky for others especially a meme coin but may e because of this video or elon musk mentioning this coins maybe it will be hyped and many investors or traders start to explore in this kind of coins, well its not bad to trade or invest in this kind of coins but the risky is too high, I don't know why elon muck is doing this maybe he is thinking of adding crypto currency into his business or more greater plan ahead, I hope he also does bitcoin and add bitcoin to its business because with this big names more and more people are going to be aware in the existence of crypto currency.

rdbase

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If Elon were to introduce a payment structure on twitter/X then it more than likely would be a coin he believes would be more marketable to the users on those platforms.
Here is a short video of when he says he does own bitcoin but also dogecoin and ethereum.

https://www.youtube.com/shorts/39BNzMdWOpQ

slaman29

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^Funny story for sure in line with Xmas cheer, but elon doesn't run my matrix, our matrix here is from Jack Ma and PRC Wink

It's true even if we deny it, even if they banned Bitcoin, it's our reality.

Seriously tho, Telegram had a much bigger userbase of payment users than Twitter, much more global and crypto friendly and yet TG wallet + TON didn't exactly blow the crypto world up right?

Topic: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? - page 8. (Read 8882 times)