Elon Musk, BTC and DOGE?

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3 years ago

Overview

Elon Musk is a rather remarkable individual to state the least. Society will be talking about Musk as they still talk about Nikola Tesla. Elon Musk has made a major difference in every ones lives whether you realize it or not, just as Nikola Tesla.

Elon Musk sold X.com which winded up becoming what we all know now as Paypal for $180,000,000.00 Elon Musk has since went on to start Tesla, SpaceX, Boring, Neural Link and my personal favorite Star Link.

I am sure most of you know whom I am speaking of, he made a simple tweet "one work: DOGE," Elon Musk tweeted. Shortly after Doge rallies by 20% to 35% just from the mentioning of the DOGE. A major Influence such as Mush can really stir up a mass.

Michael J. Saylor Co-Founder of Micro Strategy and current hodler of $1.15 Billion in Bitcoin suggested that Musk do his share holder's a favor and convert Tesla Balance sheet into Bitcoin, around $100 billion an implied that it would turn into $1 Trillion. Saylor's opinion has merit considering the current progressive rate of Bitcoin.

Also the obvious which Saylor states that by Musk converting his balance sheet that others in the S&P 500 would follow suit further increasing the original investment. Shortly after both Musk and Saylor went silent when Saylor offered advice from his Playbook if Musk were interested.

BTC Update

As of this moment Bitcoin is around $23.4K and I believe we are going to flirt with the previous price levels before the rather minor price correction if you even want to call it that. Now, I think if Musk dives into Bitcoin we could see my long time anticipated $30K a whole lot sooner than later.

I know this week we have had a lot of people fired about the implications of what would happen if the government puts even more regulations on Crypto. I have long since expected that all governments would want to track account holders in order to maintain some sense of control.

However lets really think about how the Government's could track the Blockchain? The same way you and I can, right??? They just want to link all wallets to an account owner say they can make sure that they get their share of anything you may or may not have.

Honestly it is not any different than how they attempt to track Digital-FIAT Transactions. Especially if you think of Gift Cards and Pre-Paid Credit Cards as different Cryptos and wallets. The point being they can only track the Blockchain to a certain extent and beyond that they are SOL.

They can not shut down a decentralized network. They can try buy Bitcoin isn't going out the door, Government is on the way out. I wouldn't doubt the implications that Governments World wide are behind this move. I have always seen that legitimacy of the New World Order. In case you don't get the reference you may want to spend some time researching it.

Ultimately Governments are going to go through a phase of trial and error conversations on how they could manage Crypto in their Countries. They will learn quickly that they will not be able regulate crypto the same as they are not currently able to regulate FIAT.

They will have to accept that in the future Cash isn't King any longer, Bitcoin is King. Our Communities are growing rapidly and the more Governments make citizens angry with all of the propaganda, scandals and the complete abuse of authority with no respect towards the law because they have made themselves above the law.

We will continue to see small investors pour in, we will see major financial advisors pour in as long as governments keep printing money and making Bitcoin look like a no brainer even more. We are in the midst of a life changing era that will forever transform everyone's lives just as the Internet Rush did.

The Blockchain is secure enough to lure anybody, not to mention the fact that it makes basically all of the current infrastructures obsolete in comparison. I could go on for days about how the Blockchain could be used to improve almost any company.

I could also talk about how dangerous the Blockchain will ultimately be for people like myself that believes the Government doesn't have a right to over step their boundaries. I would elaborate on this more, but I don't want to give away any ideas that some could use against us.

I am sure that if you follow along and understand the Blockchain an think about the programing ability on top of the blockchain. Now think about all of the information Governments want to collect and how easily the Blockchain would make all of these task become...are you scared yet?

Like it or not we are entering the Blockchain Ager/Era and I could not be happier to be involved in the community. I see a long bright future in Crypto and Blockchain World a like. Bitcoin will continue to grow, along with the ups and downs.

I hope everyone gets a chance to make some money off this market. I want you to remember that I am not an Financial Advisor nor do I intend this information to be used for investment purposes. These are my own thoughts and opinions that based off of the research I have done. Please do your own research and never risk money that you can't afford to lose.

Thank you all for reading, God Bless you and Stay Healthy!

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Nice

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