RE: Tesla Sold 75% of Bitcoin Hodlings - WHY?
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So by earlier buying Bitcoin he was deferring income to later time. That time is now. And then he accepted it for payments. Then he found out about proof of work.
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The cash flow is a reasonable narrative for him as he is totally free to do anything he wants. Yet, PoW is not something new. When he pretends like it is the first time he learned about it, it looks hilarious 😅
It is rather frustrating trying to find this meme I made a couple of years ago. I give up. It involved elon musk and hm finding out about POW after he puts lots of money into Bitcoin.