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jmbar2

(7,962 posts)
13. Another interesting theory: The purchase is part of a larger project to undermine the US dollar
Tue Nov 22, 2022, 08:21 PM
Nov 2022

By Dave Troy

https://bylinetimes.com/2022/11/07/musks-twitter-buy-makes-no-sense-unless-its-part-of-something-bigger/

Musk’s friends, specifically Peter Thiel, David Sacks, and Rod D. Martin, have been trying to replace the dollar since their days at PayPal. Former PayPal COO David Sacks said, in 2017, “Bitcoin is fulfilling PayPal’s original vision to create a ‘new world currency.’” PayPal co-founder Luke Nosek confirmed in 2019, “The initial mission of PayPal was to create a global currency that was independent of interference by … corrupt cartels of banks and governments that were debasing their currencies.” Sacks has been playing an especially vocal role in recent weeks in amplifying Kremlin messaging, suggesting that Ukraine should capitulate to avoid nuclear war.

Musk and his “new world currency” crew are aiming to usher in a new “multipolar order,” which was the subject of Putin’s recent talk at the Valdai Discussion Club. And the alignment of the PayPal mafia with Putin means they have at least the verbal threat of Russia’s nukes to back their agenda.


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And there’s the matter of “X,” Musk’s proposed “everything app.” It’s been floated as a response to WeChat, China’s ubiquitous app, that’s come to dominate both payments and the social sphere. Supposing such an app starts to take on the task of “voting” around controversial topics. At what point does this start to challenge the legitimacy of elected governments? This is something Musk is likely to explore.

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