Elon Musk’s Bitcoin

Buying Bitcoin now is a no-brainer.

It is well known that Elon has long had an interest in btc.

Anyone in his current situation would be foolish not to borrow against his massive holdings and lock a percent or two of his wealth in the one place that nobody can ever take it from him. In the one currency no institution controls.

There are other reasons beyond his interest.

Future AI will use BTC as currency; Elon will want his bots sufficiently liquid to do weird things and also get him out of trouble - in a hands-off, plausibly deniable, way- if he ever needs them to. Even the smallest chance that he might end up in jail, get kidnapped, need to suppress certain information, take out an adversary, etc. will justify that weapon alone.

But the real reason he’ll be buying is greed.

Quietly buying millions of coins before announcing it and pumping bitcoin through the next 10x growth may be the easiest way for him to cross the $2 Trillion mark, which of course he’ll soon want to do.

Thoughts?