Meaning? You are not trolling me this morning, are you? And no, nothing new, the well known limitations of bitcoin being a good payment currency. But that was not the main point of the post I criticized nor my own point. In fact it was my point that the two are disconnected.
This thread should have been titled: Cult leader buys into another cult I am not stupid to short a cult, be it Tesla or BTC. How about that purchase you did back when BTC was 5K? That coffee that costed you 45 bucks? Use Bitcoin as a currency, I dare you!
I see this more as Elon trying to grab attention and gun the share price than anything else. What's interesting to me is that TSLA's open PnL from this can fluctuate as much in a week as the profits they report in an entire quarter. Those who study market history might be reminded of Japan in the late 1980s, when toaster factories started to make vastly more from real-estate speculation than they did from making toasters... until the tide went out.
Great historical perspective. How true. An economy flush with vasts amounts of money chasing bad investments is exactly what brought down the Japanese bubble and it will, as always in history, bring down this bubble as well, eventually.