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Comment by doggosphere

Its fascinating to me people take what he says literally, probably because they need to argue against proponents of the things they hate.

If you ever watch any of his interviews he rationally examines monetary policy and his reasons for liking Bitcoin. He is an MIT graduate in (Aeronautics?) Engineering, and makes analogies to closed energy systems.

He's not just saying "buy bitcoin". He's doing it himself. He's actually borrowed billions of dollars against his company to make such bets. That's skin in the game. That's conviction, as real as it gets. Still, someone people will try to say he's manipulating the market, he's only doing this to pump and dump. Maybe, but his company's is public, and so his balance sheets are public. What bigger bet could you possibly make then borrowing billions of dollars you don't have?

What he's describing what his literal path, and what he's actually done, and how he got obsessed with Bitcoin. If you think he's advising people to invest money they don't have, then I'm afraid you aren't actually paying attention to the conversation.

parent doggosphere 5 years ago

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