Seeing posts all over socials about "Elon Musk says paper money is doomed". I haven't seen anybody reference this piece of info from his recent chat though."I'm not sure it would be a good use of Tesla resources to get involved in crypto. We're really just trying to accelerate the advance in sustainable energy. I think one of the downsides of crypto is, computationally, it's quite energy intensive.""There have to be some kind of constraints on the creation of crypto, but it's very energy intensive to create the incremental Bitcoin at this point".If you think this guy - the founder of PayPal - hasn't done at least a medium level dive into the tech behind Bitcoin and PoW in general, then your kidding yourself.Link for those who haven't heard the interview yet.
Submitted February 20, 2019 at 03:36PM
No comments:
Post a Comment