Re:Tesla: Soaring share price creates army of 'Teslanaires'
by Udik on Tuesday December 29, 2020 @08:29PM
(#25577295)
I agree, but then let's stop pretending that there's an underlying value which the price of Tesla shares reflect. If Tesla is like Bitcoin, then it's an asset with no intrinsic value except for its rarity. And the only reason people buy it is that they hope reselling it at a higher price. Nothing wrong with it, just let us be clear about that.
Re:Tesla: Soaring share price creates army of 'Teslanaires'
by kylebenzle on Tuesday December 29, 2020 @08:14PM
(#25577196)
Difference is that for anyone paying attention it has been clear for years that Bitcoin was hijacked by corporate interests (Adam Back's Blockstream) years ago and intentionally crippled in order to push their own "second layer" solutions to problems they themselves created.
Tesla's controlling interest at least wants Tesla to succeed, the people that hijacked the Bitcoin GitHub repo specifically want it to fail as, "Digital Peer-to-Peer Cash".
Just look into nonsense like "Replace by Fee", Greg Maxwell and the company Blockstream itself. All social engineering to get Bitcoin to fail.
Excusez le mot, but I really do see these developments as two sides of the same coin.