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He believes in debt.
Exactly that. And debt means fiat world.
You're right to the extent that he believes that, at least in the U.S ., the dollar will continue to exist as the U.S. currency along side bitcoin.
As I said many times before: US wll be the last place on Earth that will fully adopt Bitcoin. US People are too deep into debt fiat mentality...
I agree. The elite have built their wealth through debt while preaching the virtues of thrift and savings to the peasants.
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Elon's model for x.
Elon will be the first one in introducing https://i.postimg.cc/Kz5LgbVL/social-points.jpg linked to a CBDC.
@remindme 1 year
That’s the aim…. and his fan boys will lap it up with a Tesla made spoon.
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I don't always agree with the guy, but he's an entertaining interview. I loved that Rogan podcast the other day.
He comes from the world of finance /Wall Street. A big part of his imagined bitcoin world will be borrowing off of your bitcoin as collateral so you don't have to sell it. He believes in debt.