$365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin

Post by kevinbache » Fri, May 14, 2021, 4:22 AM UTC

mbesto wrote: post #405

kevinbache wrote: post #283

Earlier quoted context omitted.

He's single handedly accelerated the adoption of electric cars by 10 years while advancing literal rocket science to the point where launches will be done 10x cheaper. For those of us who measure by outcomes, he's a genius.

> He's single handedly Fun reminder, Musk did not start Tesla and bought his way into the company. His involvement should not be understated, but it's had years of management shuffles and changes of direction. https://en.wikipedia.org/wiki/History_of_Tesla,_Inc .

Post by detaro » Fri, May 14, 2021, 4:27 AM UTC

ComputerGuru wrote: post #580

Honestly, I wouldn’t be surprised if the SEC investigates him (again), this time for what was quite possibly a pump-and-dump. Personally, I don’t think he started accepting BTC in good faith, it seems like a (pretty transparent) move to manipulate the price.

Post by logicchains » Fri, May 14, 2021, 4:37 AM UTC

logicchains wrote: post #566

logicchains wrote: post #553

Earlier quoted context omitted.

Most of his workers were in an age group at negligible risk from covid; they'd be more likely to die in a road accident driving home.

Wow, people here really hate statistics. https://link.springer.com/article/10.1007/s10654-020-00698-1... ; if you're aged under 34 (as are the majority of tech workers), in the USA you're almost ten times more likely to die from "other acccidental fatalities" (0.0032) than covid if you catch it (0.004). Note that to assess risk the covid IFR there should be multiplied by the chance of catching it, to make it more com…

Post by phnofive » Fri, May 14, 2021, 4:42 AM UTC

sillysaurusx wrote: post #190

dang wrote: post #151

Some of the major threads in this saga so far: Tesla Makes More Money Trading Bitcoin Than Selling Cars - https://news.ycombinator.com/item?id=27142261 - May 2021 (171 comments) Elon Musk: Bitcoin's energy usage trend over the past few months is insane - https://news.ycombinator.com/item?id=27141493 - May 2021 (41 comments) Tesla no longer accepts Bitcoin due to climate impact - https://news.ycombinator.com/item?id=2…

This HN library work is so good. Thanks for these types of HN trees. I've been thinking of offering to help your team with some tooling work. But if you needed help, you'd probably find it somewhere. So I'll just cheer you on here. (A fella emailed me about Lumen the other day, asking what I thought about Scheme's (let ((a 1) (b 2)) ...) syntax. I said "If you want to, you can write a macro to implement Scheme. But L…

Post by ezoe » Fri, May 14, 2021, 4:49 AM UTC