BREAKING DOWN ELON MUSK’S MISUNDERSTANDINGS ABOUT BITCOIN In a recent tweet explaining why Tesla would no longer accept bitcoin, Elon Musk displayed a poor understanding of Bitcoin’s energy use. HASS MCCOOK MAY 28, 2021 Bitcoiners yearn for the good old days of great debates with informed critics who were up Read more…
Pro Publica explains how tax works for the wealthy. .@ProPublica has obtained IRS records for thousands of America’s wealthiest people. To understand how some ultrarich stay that way without paying much in taxes, familiarize yourself with a strategy known as “Buy, Borrow, Die.” (THREAD) 2/ Most people need an income Read more…
Interesting arguments about stuff people say in every bear market https://threadreaderapp.com/thread/1396478002960093185.html I have no opinion on whether Bitcoin is entering a bear phase or not, but here are some things people say in every bear market, that have been proven wrong every time: 1: “It’s over forever. Bitcoin was a Read more…
Elon Musk has angered the Bitcoin community with a series of uneducated tweets. Then he responded to a couple of others that only made things worse. So, is Elon right? No. Is Elon an idiot? Also no. Bitcoin is hard to grok and as Michael Saylor says, you need to Read more…
Elon Musk, Paris Hilton, Michael Saylor. That Binance guy. Some are debatable, but whatever. This is art. Get the collection from BitIcon on OpenSea.
Elon Musk, after buying a cool 1.5 billion dollars worth of Bitcoin for Tesla announced that “You can now buy a Tesla with Bitcoin.” This doesn’t come as a shock, since he had said something about that a while ago. It’s only for the US for now, but the option Read more…
