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

how do you know which one to continue staking on to avoid getting slashed?

What is Elon Musk's "one long term thing" ?

* Payment Processors? (Paypal? X.com? https://en.wikipedia.org/wiki/X.com)

* Electric Cars? (Tesla?)

* Solar Panels? Utility scale electric generators? (SolarCity?)

* Space? (SpaceX)

* Infrastructure? (Hyperloop? Boring Company?)

* AI? (Self-driving cars)

* Internet infrastructure? (Starlink?)

* BTC / DOGEcoin? Crypto-currencies?

For Payment Processors: we're looking at web technologies like Javascript, Two-factor authentication, Back-end Web processing, etc. etc. That's very much in the know for us nerds who hang around here in ycombinator: an extended "hyperfocus" on Payment Processors is a lifetime of effort alone.

There's simply not enough time for Elon Musk to reach "expert" levels of understanding in any of these subjects. Anyone who knows anything about these subjects knows that Musk's discussion points are EXTREMELY shallow. They're deep enough that maybe a layperson thinks that Musk is smart, but... seriously, look at his recent DOGEcoin / BTCcoin discussion points. The dude barely understand cryptocurrencies (or at least pretends he barely understands them, as he "suddenly" realizes the energy implications of BTC).

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I'm not really doubting the ability of someone with Asperger's to change subjects. But given how quickly Elon Musk changes subjects, its my personal opinion that he probably doesn't have Asperger's. Do remember: that all the while he's changing these subjects, Elon Musk is partying hard and participating in pop culture (Saturday Night Live, Rick and Morty, Twitter rants, etc. etc.).

His behavior does NOT match any Asperger's individual I've ever met. I know everyone's case is unique, but... that's a lot of "non-Asperger's" things going on (social partying, pop culture, appearances on TV, live talks, CEO position, "jack-of-all-trades" behavior instead of depth into particular subjects... etc. etc.)

I'm no expert in psychology. But this behavior is _mania_: common in say Bipolar individuals. Which is useful in its own niches of course (much like Asperger's is useful in engineering: mania typically causes an individual to visit many subjects... albeit shallowly but yeah, that's probably useful to a typical CEO moreso than hyperfocus actually)

No, it’s much more than that. For example, by creating money, and using it to buy bonds, you can push down the rate of interest. This has nothing to do with taxes. It’s an interference with market coordination, because interest rates play a central part in this.

For example, let’s say you have a business worth one billion dollars, and you earn 50 million dollars in profit per year (a 5% yield per annum). By setting the Federal Funds rate at 6%, the government can make it profitable to sell this business and deposit the proceeds in a bank account, hereby earning one percentage point more in yearly returns.

The government shouldn’t have the power to halt economic activity in this manner, because it amounts to central planning, ie. communism. Which has been proven to be a disaster.