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Dec 23, 2023
Musk reveals he spends hardly any time contemplating cryptocurrency.
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Reflecting on money's nature, Musk sees it as a rules-based database for resource allocation.
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Musk deems fiat currency acceptable if rules are adhered to, without government abuse.
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Applying information theory, Musk likens the money system to minimizing noise and latency.
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Musk views inflation as adding noise to the system, hindering efficiency.
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Despite Musk's disinterest, Tesla holds $184 million in digital assets, ranking third among publicly traded companies.
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Tesla, a crypto holder, also accepts Dogecoin as a payment option.
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