Key Highlights
- This statement from Musk came just after he announced his decision to overtake .“What is an economy?
- People get confused; sometimes they think an economy is money.
- (But), money is a database for the exchange of requisite services, and for time-shifting the exchange of written services, that's it.
- Money is a database; it doesn't have power in and of itself,” noted Tesla Chief. BitcoinFurther explaining his stance, Musk said, “You can run the thought experiment: You're trapped, shipwrecked, on a remote island, and you have a trillion dollars in a Swiss bank account, it's worthless.
- You would rather have a can of soup.
