Elon Musk: Why I HATE Bitcoin?
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- Опубліковано 22 тра 2021
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Elon Musk: Why I HATE Bitcoin?
#shorts
Nowhere does Elon say he hates Bitcoin. Why do people feel the need to lie in their titles?
Market manipulation
To get clicks
It's to get people to watch videos they have seen before by making them think there is new information that they missed when they originally viewed it.
To you get your reaction. They get more money for that.
No he just like creating FUDD and fucking people over. Nice one.
"Money is just a number in a database" Alright elon then add numbers to my database
You are so right on with this statement seeing how he pays his workers a poverty level wage
@@whollymary7406 that's funny
@@whollymary7406 bro. Tesla pays higher than average
Allocate your labor if you want your number in the database to change.... (talk about selective hearing)
@@whollymary7406 If you agreed with his statement then you wouldn't be asking that.
The title: why Elon Musk hates Bitcoin
Elon in the video: I think that probably Bitcoin is a good thing
He is doing shit in doge coin now
@@engr.h.mbasirijaz1249 dogecoin has never been more than a meme
@@duckmeat4674 rip doge dog
I only understood this line in entire video 😂😂
What's wrong with the people that creates these titles? Do they see the video they publish at all?
I especially like the bit where Elon says that he hates Bitcoin
Rich people: money is just numbers
Toppers at school: grades are just letters
"language is just words". "maths is just symbolic manipulation" etc
Elon: It is good and useful for illegal transaction.
FBI: (Watching).
Elon: However I don't own any bitcoin.
True lol
Lol
Good respond
Maybe cuz he just spent his last Bitcoin
So nobody is sitting in prison for doing illegal activity with cash?....
What has that to do with the video? He said that the main use of BTC is to buy illegal stuff (Darkweb and such). It has no purpose besides that
@@coolboy9979 So why hasn’t Elon sold his yet if it has no value?
@@AP70293 he said in the clip that he doesn't own any? But it has no value in the sense that you can't do anything with it and it's just a gamble. With a stock or a property you got a product. The only thing you can do with it right now is buying illegal stuff.
Thats the point dummy. Bitcoin removes the trail of ur money.
$hitty Doge is his choice.
The level of understanding he gets after research is amazing lol.
He is not a normal regular person. His brain is wired differently by God.
"If I have to choose between one evil or other, I would rather noth choose at all" -Geralt
I love that he does not use foul language.
You goddam right
It's probably an outdated video bc now Elon holds lots of Bitcoin, ETH and Doge. 😎
Interesting how those with the most money, all of them among the richest on the planet are telling us how unimportant it is.
It is true that the people who change the world look at money as secondary to thinking and hard work, amongst other things. Philanthropy, for example.
Absolutely true, because they have so much of it, it most definitely isnt an issue to them anymore. Take away all their money and watch how fast 98% will feel their life is over
Yet many of them try to avoid taxes
I like the part where he says he hates bitcoin.
Bitcoin isn't private, Monero is.
Proof that Elon isn’t quite the genius y’all have constructed in your minds.
Who the hell likes bitcoin
@@stevelinks4880 because it’s life cycle of making people rich is over. You’re lucky if in a month you see 20%
@@omgcyanide4642 i’ve made 15k plus in 3 weeks 😂😂😂
@@omgcyanide4642 crytpo is getting bigger and bigger so i don’t know how you get to this point😅
@@stevelinks4880 no you haven't. If your truly making cash you wouldn't be on the internet saying how much you have.
Clear indication of dooms day for crpyto ..... Book profit or loss before it goes to zero. Remember reality is always harsh....
Changed my perception of money. It’s just a number in database that’s what it is.
He said he doesn't own any bitcoin....
True, money is in superposition in some way
Money is silver and gold. Zero database needed.
As a currency, Bitcoin has a couple of fatal flaws:
- it has no compulsion unlike fiat currencies
- it has no backing unlike fiat currencies
Cash is used for illegal transactions
Yo nice edit bruh 😂 9 out of 1000
It's easy to say money is just a number In a database when you have so much of it you could use it as insulation in your house.
It’s dinner tokens
Straight up I’m tired of hearing that shit... still makes the world go round and if you don’t have it have fun raising a family or being any sort of happy.
@@samyboy7489 yeah exactly. Like I can sit down and make or do most I would need but good luck if you need medicine, or gas, or parts. Just as a few. Yeah living in the right areas you can trade still for like meats and milk and such. But you can't live without money entirely can't pay your rent or mortgage with some wood carvings
@@cjlong2057 shit scares the fuck out of me I’m 19 and can’t figure out wtf I wanna do w my life. Thinking about realestate but scared to even make lots of money cause’ then I’ll be thrown into the 47% tax bracket or whatever it is. Shit just seems fucked. But aye stay up g, it’s nice to have a decent conversation w a brutha. Wish you nothing but the best
@@samyboy7489 yeah Me too.well when I was in highschool nothing more for me I wanted to be in the service didn't go as planned sadly but I do everything I can I learn about everything possible. I'm 24 now while I have a job I could stick with and be ok it's not the one I want but I don't know what I really wanna do the rest my life so don't feel bad there's always time
as it turns out, its the perfect tool for governments to spie on illegal transactions 😂😂
I love how you chopped this video up to make it appear he doesn't own bitcoin & he doesn't like it. Why don't you guys watch the actual interview thats not being purposely edited like this video. He personally owns bitcoin & ethereum along with tesla and space x
Never trust electronic currency.
Why spread outdated videos when his views have changed? Waste of time channel spreading nonsense.
His views on crypto are pretty much the same, he just doesn't like how much Bitcoin specifically wastes electricity
@@iKingRPG yet he bought 1,5 billion for his companies, and made more profit more than selling cars. Bet his views are changed
Hates it so much he bought 1.5 Billion worth after this interview
Elon is now a known market manipulator, have fun in prison Elon!
We can only pray 🙏
Look at this dood thinking that billionaires go to prison
@@14theManuel lol
He actually recently took out a ton of money from Tesla and bought millions of dollars worth of Bitcoin so this isn’t even current either
He doesn’t say he hates it but he’s not a huge fan of it and I still can’t figure out why.
They say these so that others don’t get rich. Less competition
Money are only numbers, when you own a lot of them
The crash in cryptocurrency prices, which accelerated Friday into a rout, has wiped out more than $1 trillion in market value since early November. More than $200 billion was lost in just the last 24 hours
People have always been sceptical about bitcoin, but look at all the millionaires it's made. No risk, no reward. Manage the risk and don't get greedy.
I love how he doesn’t deny that he thinks currency that makes illegal transactions easier is a positive thing. 😂
Elon Musk :- I don't own any Bitcoin
Meanwhile "Tesla buys $1.5 Billion dollars worth Bitcoin"
That's the bridge😢
Does anyone know the percentage of physical bills that have traces of cocaine on them?
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He went and bought it for himself , Tesla and SpaceX . He is a Bitcoiner . He doesn’t want you to have any .
Lol in the future, Tesla buys Bitcoin 😂
I already bought bitcoin
He knows money, not tech.
How old is this??? BTC primarily for illegal transactions? No - That’s USD$
The sound so mixed up I never touch Bitcoin
Funny that he didn't say I hate Bitcoin he actually said it was probably a good thing
Elon hates BITCOIN BECAUSE IF ELON INVEST IN BITCOIN THEN BITCOIN OWNER WHO DISCOVERED IT,HE WILL DEFETE ELON MUSK 😂
To many people care to much about what he says. “Bitcoin can be used for legal and illegal means.” I hate to break it to you, so can the dollar. Not to mention. That the regulators we’re supposed to trust created a bubble in 2008 where they made money while the average citizen lost money.
Yes but with Bitcoin a person could have hundreds of thousands of dollars of drugs shipped to their house at little to no risk at all. Actually people use monero now because it’s completely anonymous but whatever. Good luck buying 100k worth of lsd with cash. Even if it does happen it sure as hell won’t be anonymous.
Bitcoin is primarily used in money laundering. Its harder to launder money with cash
Except he literally just disclosed his companies own 1.3 billion in bitcoin
I wish we did not need money. Maybe that would be possible if everyone would help everyone else? 🤷♀️
I especially love the part where he doesn’t hate Bitcoin
All I heard was, I dont own any bitcoin.
Money is just a number in a paper too
We need a resource based economy, Jacque Fresco
Reporter: Elon Musk says I don't own any Bitcoin
Now he does
Right after saying, “I don’t own any bitcoins”, went and bought a ton, and then tweeted about doge!!!!😂
"I don't own any Bitcoins" says the guy who used to sell Teslas for Bitcoins.😐
I didn’t understand a word he said. I need some wine 🍷
this looks years old.
it is
Well on these Tesla cars what do you use for backup energy
Using Bitcoin for illegal purposes would be the worst thing you could do. Its a 100% transparent open source ledger that can't be changed.
You might as well be signing I DID IT
I told you a long time ago Bitcoin is not ment for illegal purchases unless you want to get arrested lol.
Authoritarian Repression drives demand for bitcoin. Has musk said being able to do illegal transactions is not bad, when the legal system is abusing its power...
That's old news. Currently he hold 1.5 billions. That's old news. Need 2022 interview
He hates it but he put 1.5 billion in it and sold right away...
Bitcoin is based on Trust and Illusion.
He's nuts if he thinks money is primarily for labor allocation. It's value allocation. Thus a store of value and not a store of labor
This is so old lol
Cripto the greatest way to eliminate poverty in the world
Bitcoin for decentralised money. Filecoin for decentralised data storage. Both vital for humanity. Both huge long term solid adoption curves ahead.
In the long run I would suggest avoiding alt speculation and simply keep stacking into BTC and FIL for long term and consistent gains over time.
All bitcoin transactions are visible and transparent. Easier to make illegal transactions with cash. Now he owns billions worth of bitcoin. Don't listen to what they say, watch what they do.
Bitcoin is a medium of exchange that is simply not controlled by a central authority. That is all.
What year was this?
He’s got over 500 million worth of bitcoin as of 2024
He doesn't own any Bitcoin but he does own crypto mining farm
Well his tune changed since
You wouldn't hate bitcoin if you would have bought say a 100 shares many years ago when it was under $100 a share.
Nice video cutting and desinformation. Congrats
😂amazing editing
Illegal means only the gov't can do it.
Politicians will be using it then? I think that's what he's saying
It's just a number in a database, yes. BUT try building one damn car or launch one satellite without it. Impossible. It's merely a tool to get things done. That is all it is.
"Money is... an information mechanism for labour allocation". That's one of the most interesting definitions of money I've ever come across. Something only a mind like Elon's can cook up I guess.
It could be expanded to other categories, like resource allocation of various kinds, like energy, material, infrastructure, machinery/technology, etc.; i.e., the economy at large.
Elon is a genius, but money is not just a number in a database. He should study the history of money and study the characteristics that make money.
So basically crypto will be used how money is today, for legal and illegal purposes.
This is old Elon now owns bitcoin
Honestly it looked like he was himself confused what he makes of bitcoin just like 99.99% of people holding btc
Yeah. He owns billions in Bitcoin now.
It’s a halving time don’t believe what you see on the internet
He did own bitcoin and gained $400 000 000 in a matter of 24 hours just as he said he would
He does own bitcoin!!!! And, the majority of Teslas liquidity is in bitcoin. He’s done extremely well with it!
I was wondering when this clip was from and if he'd since ventured into Bitcoin.
Because money, the banks and all the financial instruments are not being used for illegal purposes?
Illegal to legal “bridge” he just told yall invest into XRP 👀
Yeah money is just a number in a database, it's so insignificant that he will share that number with me gladly.
When was this?
He literally was complimenting it
He doesn't own any, but $TSLA owns $1.5 Billion Bitcoin. He doesn't hate it at all.
This was way before tesla buying bitcoin. Everyone is telling this nonsense till they understand Bitcoin
Trust vs untrust will be a legal to illegal transaction
lol, I love how he A) owns other crypto, B) constantly tries to skew the market.
C). IF he didn’t own Bitcoin then, he took it for car payment, and who’s to say which all crypto he owns now!?
he's admitted he owns more Bitcoin than any other crypto currency
Correct, half of Tesla’s capital is in Bitcoin, so if you don’t want to deal with btc, you can own Tesla stock n inadvertently own bitcoins. 🤯
Edit: Not now that Elon has _really screwed everyone_ bc he declared Tesla will no longer accept bitcoin as payment, efffing luck for all those whom invested in either 😭 n RIP crypto market!