Tesla Invests $1.5B in Bitcoin

Discussion in 'Digital Currencies' started by hawkeye1, Feb 8, 2021.

  1. LiverBird

    LiverBird Well-Known Member Silver Stacker

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    I'm pretty sure they mentioned they were looking to invest in both Gold bullion & ETF's when I read about it earlier today.
    Will try & find t.
     
  2. neonuke

    neonuke Active Member Silver Stacker

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    Just posted the Bloomberg article link, one post before yours
     
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  3. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

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    Except there's no mention at all in the SEC filing. I reckon someone's made the story up and the rest are just running with it. That post of Bullion Baron's is a direct word-for-word copy of the SEC filing with the addition of the mentioned gold.
     
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  4. hawkeye1

    hawkeye1 Active Member

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    Posting this because about halfway through, Preston lays out a very interesting argument for why the supply of BTC is ultimately going to be squeezed even further than it already is. Haven't got my head fully around it yet, could be there is something wrong with it, but the way he laid it out step-by-step makes me think there might be something to it.

     
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  5. leo25

    leo25 Well-Known Member Silver Stacker

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    To meet the growing electric demand while not increasing greenhouse emissions.
     
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  6. leo25

    leo25 Well-Known Member Silver Stacker

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    The smaller reactors can get up and running much faster I think. I’ll put one under my house.
     
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  7. alor

    alor Well-Known Member Silver Stacker

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    any plutonium to sell ?
     
  8. mmm....shiney!

    mmm....shiney! Moderator Silver Stacker

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    Good luck getting that up and going.

    But I think your point is that if the likes of Musk and whoever else are out there that are viewed as environmental evangelists actually get on board with nuclear, then it's maybe a sell. But the public are fickle. The media love a fickle public. And politicians play off the fickleties* for their own gain. Biden is a big road block in the way of any sensible move toward cleaner, cheaper, more readily available energy. He is an oversized sausage stuffed with stupidness laid across the highway of solutions.

    *Apologies for that word. ;)
     
    Last edited: Feb 10, 2021

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