Tesla and BTC...Match made in (spotted-owl) heaven?

Having watched both TSLA and BTC unfold through the years, I really believe that many of Musk's actions--this one included--are one big publicity stunt.

If TSLA had a Jamie Dimon or Warren Buffet-like CEO, they'd alienate their target market. The masses _hate_ CEOs like that.

(Note I heard through the grapevine that TSLA is backed by GM and some other big auto manufacturer. They have their positions in place)

So, they chose an eccentric, Howard-Hughes-ish CEO that would appeal to the contrarian masses... those who want green power, hate the establishment, etc. Buying into BTC is a great way for Musk to appear sympathetic to the Millennials, Redditors, Tree-huggers, and the others that are his target market.

I think that a lot of Musk's actions are scripted. Don't believe the hype. Honda will field its first all-electric in 2025.
 
One ponzi runner invest in another ponzi. It is turtles all the way down...

Daal said:
How much electricity, raw materials, human and financial capital does mining gold require?
More...

So if I kill you, that is OK, because Ted Bundy also killed someone?

Bitcoin is numbers on a computer. It is an idea. With a gold bar I can at least hit you on the head, so you would be smarter...
 
About power consumption requirements for mining bitcoin and mining gold
There is a key difference and it makes me laugh that so easily slips from people's mind
Gold mining : it should have some pretty hefty consumption along with environmental damage but once mined it doesn't require anything ...it could be stored just about everywhere with any overseeing...as for the damage...is considered managed...above all it is something of real existence...you can see it,hold it,touch it,bite it,melt it...it's there...and even if is no power or the price collapses for any reason....its entity is preserved.
Sidenote : Gold besides the "money" representation it carries it is a metal and a lot of things wouldn't be possible without it..quick example , a lot of contacts like DRAM sticks carry gold in order to avoid corrosion...probably without it we would have to replace drams every few months
Crypto mining : it has a pretty heavy consumption and is growing...the problem is even if it gets "mined" it still requires power to keeps its existance...without power it simply doesn't exist.
Its "existence" is only as long it has a price ...if not is pure void - vaccum , you can't see it,touch it or whatever ....it justs lives in the circuits of some computers.
A price collapse leaves you with nothing...and i mean totally nothing not even a molecule of air...pure nothing. Environmental damage....is great, unmanaged and it has a perpetual effect...even if some mining is performed with renewable energy , the amount of heat dissipated to the air is causing more damage that it can be measured...not to mention other side effects.
 
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