I hope that just from the title, you can guess where I'm coming from here. I won't say I don't appreciate Musk, but to put him on a pedestal is just plain stupid.
Human Worshiping
One thing is to admire someone, to believe that someone's contribution to the world is worthy. In that sense, I do look at Elon as someone who has contributed greatly to science. He's by no means someone who's invented anything new (research this if you think otherwise), but without a doubt someone that through his relentlessness has moved the overture window.
The line, in my opinion, is drawn right there. I don't have to believe he is the one to lead us into a better tomorrow, to accept his contributions to society. In other words, we don't have to see him as a supreme leader of thought at all.
The bashing
Ever since his tweets, his uninformed tweets, there's been countless of people who have been trashing him for being "stupid". This, in my opinion shows the ugliest face of tribalism, and it proves how early in the game we truly are.
Is it not possible for Elon to be correct? It's unlikely, but it's not impossible. It seems more likely to those of us who've done the homework, that he's fallen for some debunked FUD head on. Which is why, the bashing is not going to "fix it" so to speak.
Up to a point, Who cares?
Did bitcoin, and it's descendants need permission to exist? permission to thrive? Is it not the case that with every passing year, more no-coiners, as we call them, realize they've robbed themselves of the opportunity of a lifetime?
The point is that Elon or any other celebrity, at this point, could come out tomorrow and call everything dumb, unscalable and bad for the environment. If said person was wrong, actually wrong, would it make a difference in the long wrong?
Before you join the "Let's bash Elon" movement online, you should ask yourself. Should you not be doing something a little more productive? Maybe.... or Maybe that's all some of us got.
MenO
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Elon is going to make Bitcoin mining green. The mining of Bitcoin is about to go through a revolution in integration. This will send Bitcoin soaring.. Tesla stock soaring, and Elon Musks reputation along with it. Hes a cunning one this Elon, his tweets are cryptic and manipulating but he knows the plan, hes just trying to fool most people.
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The main question for me is actually:”Could he be right?”
And this is scary 😦
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I don't think anyone is all-knowing. He might be a genius and all but he isn't all-knowing. That's God's role.
If he has good knowledge people working with him is another issue. I can't attest to the team he works with.
I hope the future is good for crypto cause like you said...this is all some people have got.
I'm looking to diversify into fiverr with the experience I've gathered from hive and steemit I hope people try to have a steady paying job in addition to web 3 options.
Thanks you this post.
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Agreed
He is a human, therefore no perfect, nor capable of knowing all things. So in terms of his Tweet about Bitcoin...why do people care so much?
He is just a man, who right or wrong, has expressed an opinion. Let’s move on.
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Elon is unpredictable!
Happy to be reading your content Hive :)
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Элон Маск теряет свое дерьмо
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Я думаю, он развлекается, сводя людей с ума
он развлекается
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This is a simple case of infinite greed and shortsighted scarcity slaves.
People think that the world would be so much better if they were in charge, yet time and time again they prove that they are just as bad as the people in charge.
Elon Musk is bringing a ton of value to the cryptosphere.
Number goes down because of a Tweet in the short-term and everyone loses their shit.
Very few people actually have any long-term vision.
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It's just a market noise.
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now thinking about it, i think i was pissed because i think there is some bigger agenda behind it. or maybe i just gave Musk more credit then deserved.
i can't believe that just months ago he had no idea how btc was mined and he invested 1.5 billion dollars.
Some coins are holding up pretty well despite the BTC crash - Rune for example, ADA.
I think maybe everyones now asking 'why Bitcoin' rather than other cryptos.
I mean it's not as if it's useful!
Having said that I'm wondering when to start accumulating a little more.
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im not buying btc at this prices... im comfortable with my initial plan, still.
That being said, im ok with being completely wrong here.
Been preaching it since Musk first tweeted about bitcoin and it rallied. A majority of the last few months has been built on hype and around figureheads such as wall street bets and Elon Musk. Honestly I don't get why people are pissed at him. I mean whales pump and dump the price of bitcoin all the time and no one complains about it. That being said a rally needs to seriously be based on more than just a figurehead and hype otherwise it's bound to have a rough collapse.
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it is a good discussion to open up . I am just getting my head around some of the new tech out there that is already providing solutions to the scalability issues that Bitcoin and others face, and PoS over PoW etc.. to solve some of the energy consumption issues. so I realise there is a lot more to say about it than Elon's point of view or rather the media s point of view (usually negative). aside from currency the value of blockchain tech, the security it brings to transactions over the internet is here to stay and there are humans pushing the envelope of this technology for reasons other than making a quick buck.
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I don't think elon musk can be wrong, please, he is not ignorant about these things, he runs 2 huge companies and he is going to be wrong about bitcoin? no, this guy is up to something, we will see soon enough.
One thing I do agree with you, is that it is no longer worth saying anything against him, he doesn't care and it doesn't affect him.
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I think given the influence he has all of it is good old market manipulation.
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Yep I am also on the bitcoin is an antiquated algorithm view. There are so many better solutions out there. I have spent my career doing engineering (in parallel to photography) and I don't understand the bitcoin maxis view that first is best. Rarely is the fist into a space the best. That's a bit like saying the Model T Ford will never be surpassed and anything else is FUD, or Edison's first light bulb is the only one ever relevant. They treat Satoshi as some sort of Einstein to never be surpassed. The reality is that as brilliant as it is Bitcoin is just the first experiment in a breakthrough new space. There have been a lot of other decentralized trustless consensus algorithms developed since, and there will be many many more in the future (I say algorithms rather than blockchains as some like hashgraph are not really blockchains at all) . There won't be one winner any more than there will be one master race ruling the world. The future will be a decentralized mix of trustless consensus algorithms with all sorts of distributed ledgers. Bitcoin has first mover advantage and the known brand; an an inefficient consensus algorithm which seems incapable of supporting change. This will be its Achilles. It is actually the one reason I like DPOS despite its imperfections. The ability to react to stimulus and change development direction with DPOS is 2nd to none. All long lasting systems (natural or artificial) have to be capable of evolving to deal with new stimuli or they die out. If Hive for example had an energy problem (or any other problem) they would simply propose a new HF that dealt with it (lets call it HF26) and then discuss it and vote on if to accept it. People who equate the inefficiency with extra levels of security fail to understand game theory and what happens when fees overtake block rewards as the dominant form of rewards in any deflationary POW coin. It's a bit like moving rocks to cover your font door every time you leave the house and then when told that it is inefficient by people using other more efficient types of locks, yelling at them that work is equivalent to security and that they have no idea what they are talking about.