Musk planning a crypto "bank"

#27
#27
lawgator1 said:
He's screwing them all up left and right. You might like the temporary political fodder, but estimate are that Twitter went from a $44 billion valuation right before he bought it and took over to $13 billion now. Users report all sorts of problems and bugs. Amd everyone who had a clue left or was fired.

So yay he made a $30 billion statement.
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Strangely, I'm seeing a much smoother platform with no evidence of bots on my feed.
 
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#30
#30
lawgator1 said:
Musk should have stuck to what he knows, creative and imaginative engineering. Social media police and financial system creator seem way past his skill set.
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You might want to look into how he originally ally made his money. And I dont mean the bs about family blood diamond business ties.
 
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#31
#31
LouderVol said:
You might want to look into how he originally ally made his money. And I dont mean the bs about family blood diamond business ties.
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It's amazing how these people keep forming opinions with literally zero information. Motivated by hate and anger. Real winners!
 
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#32
#32
ButchPlz said:
It's amazing how these people keep forming opinions with literally zero information. Motivated by hate and anger. Real winners!
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My comments had nothing to do with like or dislike of Musk. Just seems like he let his personal politics interfere with his business endeavors, to the financial detriment of he and shareholders.

the-godfather-its-not-personal.gif
 
#33
#33
lawgator1 said:
My comments had nothing to do with like or dislike of Musk. Just seems like he let his personal politics interfere with his business endeavors, to the financial detriment of he and shareholders.

the-godfather-its-not-personal.gif
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He has always been open about his politics. Until the twitter plane tracking it didnt interfere with HIS choices. Others reacted to his polticis and took it out on his businesses.

I mean you really want to argue a right winger let his politics interfere when he built the first biggest EV company?

How did his politics impact SpaceX?

More relevant to the discussion at hand, how did his politics interfere with his creation of PayPal? <---this was the hint you were ducking.
 
#35
#35
lawgator1 said:
I am referring to the Twitter fiasco and buying it to exact revenge of some kind, only to find he didn't know enough about how it worked.
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I would guess that he bought it because twitter has the potential to be very lucrative. We are focusing on it from a "USA" perspective and I think he is looking at other markets.
 
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#36
#36
lawgator1 said:
I am referring to the Twitter fiasco and buying it to exact revenge of some kind, only to find he didn't know enough about how it worked.
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Didnt know enough to do what? Make immediately more money? Or to get "revenge"? Because buying it was the revenge as far as I see it.
 
#37
#37
Sandman 423 said:
I would guess that he bought it because twitter has the potential to be very lucrative. We are focusing on it from a "USA" perspective and I think he is looking at other markets.
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Well, think about that. If he bought it to make money, the decision was even more dopey than if he bought it to make a statement of some kind. At least with the latter from a business perspective you could understand why he flubbed it up so much. But if he bought it more or less on a whim to make money, and not knowing the business end of it pretty much at all, that was stupid.
 
#38
#38
lawgator1 said:
Well, think about that. If he bought it to make money, the decision was even more dopey than if he bought it to make a statement of some kind. At least with the latter from a business perspective you could understand why he flubbed it up so much. But if he bought it more or less on a whim to make money, and not knowing the business end of it pretty much at all, that was stupid.
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The data collected by twitter is worth more than the advertising $$.
 
#43
#43
LouderVol said:
He has always been open about his politics. Until the twitter plane tracking it didnt interfere with HIS choices. Others reacted to his polticis and took it out on his businesses.

I mean you really want to argue a right winger let his politics interfere when he built the first biggest EV company?

How did his politics impact SpaceX?

More relevant to the discussion at hand, how did his politics interfere with his creation of PayPal? <---this was the hint you were ducking.
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Except for that time where he bought Twitter which has been the impetus for all his problems.

The mere fact that he's become a political troll interferes with his business, even if it's not specifically affecting his choices.
 
#44
#44
> Musk owning Twitter has killed all his other businesses
> Tesla stock rapidly recovering, blew away profit goals, looking at another year of increased demand and production

Idiots say I'm supposed to believe these things simultaneously.
 
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#46
#46
n_huffhines said:
Except for that time where he bought Twitter which has been the impetus for all his problems.

The mere fact that he's become a political troll interferes with his business, even if it's not specifically affecting his choices.
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Except for that time that I specifically mentioned?

It interferes with what Twitter was. It's his now, he can do with it what he wants. Yeah it's down currently from where it was performing before. Doesnt mean it will stay down, especially if he is able to make the big change he is talking about with making it a payment processor.

Personally I dont see that as a good, safe idea, but I know people will buy in for the convenience.
 
#47
#47
LouderVol said:
Except for that time that I specifically mentioned?

It interferes with what Twitter was. It's his now, he can do with it what he wants. Yeah it's down currently from where it was performing before. Doesnt mean it will stay down, especially if he is able to make the big change he is talking about with making it a payment processor.

Personally I dont see that as a good, safe idea, but I know people will buy in for the convenience.
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You said "until twitter plane tracking" which was a small mistake. I don't see where you said the choice to buy twitter was a mistake, and it was colossal.

Even if he improves Twitter it was a mistake, business-wise. That's why he wanted out and tried to welch, but he was in too deep. He let his politics lead him around by the nose.
 
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