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Dec 23, 2023

Elon Musk's Minimal Crypto Focus

Musk reveals he spends hardly any time contemplating cryptocurrency.

Cryptocurrency Disinterest

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Reflecting on money's nature, Musk sees it as a rules-based database for resource allocation.

Money's Essence

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Musk deems fiat currency acceptable if rules are adhered to, without government abuse.

Fiat Approval

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Applying information theory, Musk likens the money system to minimizing noise and latency.

Information System Analogy

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Musk views inflation as adding noise to the system, hindering efficiency.

Image Credit: CNN

Inflation Concerns

Despite Musk's disinterest, Tesla holds $184 million in digital assets, ranking third among publicly traded companies.

Tesla's Digital Assets

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Tesla, a crypto holder, also accepts Dogecoin as a payment option.

Crypto Acceptance

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