Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
 

Budi

(15,325 posts)
1. The harder it will be, "to detect where the future of money ends and the "hustle" begins."
Thu May 13, 2021, 11:52 AM
May 2021

Cont.. to last paragraph of article:
It's an interesting read. Eyeopening as well.


SNIP
Musk has left just enough gas in the tank to avoid abandoning his crypto disciples completely. By leaving the door open to using tokens that are less wasteful than Bitcoin, he’s hedging his bets on the future of money — and reserved the right to keep trolling the internet as a result.

On Tuesday he asked his followers whether Tesla should accept satirical Bitcoin spin-off Dogecoin, shortly after calling it a “hustle” on Saturday Night Live. Ethereum, meanwhile, aims to move away from a mining model based on computational “work” toward one powered by existing coin “stakes.” Alternative models are out there.

Still, the more Musk blends payment U-turns, social-media memes and stand-up comedy, the harder it will be to detect where the future of money ends and the “hustle” begins. Which might be the whole point.

Latest Discussions»Issue Forums»Editorials & Other Articles»Elon Musk Conveniently Ig...»Reply #1