-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Wait, what?!? Aren’t we all blacklisted by default?
Looks like some immortal words of Benjamin Graham need amending for our times:
“In the short run, the market is a voting machine but in the long run, it is a weighing machine” day-to-day, however, it is a shell game.
Krugerrand
Meow
I’m a bit more complicated than that.Wait, what?!? Aren’t we all blacklisted by default?
Everybody starts on a grey list and can stay there, move to a black list, or in the case of someone like Elon, can move to the acceptable list.
JRP3
Hyperactive Member
Other than mild curiosity I don't care why he left. Am I weird?
dgodfrey
Member
I just downloaded that update with cabin monitoring. Nose picking has been cut in half.
uujjj2
Member
Some of these cryptocurrency types seem to think we're going to abandon government issued currency and switch to bitcoin as the medium of exchange. That's preposterous. Bitcoin is not a viable currency replacement because there is only a fixed quantity, which cannot grow in response to the economy's need.
In economics, the relationship between price level, money supply, and economic output is given by PQ = MV, where P is an aggregate price level, Q is an aggregate quantity of transactions, M is the money supply, and V is the velocity of money. In a bitcoin-based economy, M is fixed, so as the economy grows (rising Q), the price level must decline or the money velocity must increase. However, and here's the big problem, a falling price level pushes down the velocity of money. When prices fall, the effective value of a unit of money rises, discouraging those who hold money from spending it in order to profit from the rising value of their money. A bitcoin-based economy would enter a death spiral of falling prices, declining commerce, and extreme concentration of wealth.
Dogecoin improves on bitcoin by allowing an increase in the number of coins over time. A dogecoin-based economy would suffer gold standard-like volatility and bouts of deflation, but at least it would at least avoid the death spiral of a bitcoin-based economy. But this also makes dogecoin a worse investment vehicle than bitcoin. Either way, the world would be stupid to adopt as currency something that makes the economy worse instead of better.
It's certainly possible for a digital coin to provide adequate long-term growth in the money supply, growth that responds to economic need. And indeed, such a coin could actually replace currency. The problem is any coin that's an actual viable currency replacement must also be a terrible investment vehicle.
The crypto world is trapped between a rock and a hard place. A cryptocurrency can either have adequate supply (good as a medium of exchange, bad as a medium for investing) or constrained supply (good investment, bad exchange). It inherently cannot be both. This paradox doesn't bode well for the long-term value of any of the current exchange traded cryptocurrencies.
In economics, the relationship between price level, money supply, and economic output is given by PQ = MV, where P is an aggregate price level, Q is an aggregate quantity of transactions, M is the money supply, and V is the velocity of money. In a bitcoin-based economy, M is fixed, so as the economy grows (rising Q), the price level must decline or the money velocity must increase. However, and here's the big problem, a falling price level pushes down the velocity of money. When prices fall, the effective value of a unit of money rises, discouraging those who hold money from spending it in order to profit from the rising value of their money. A bitcoin-based economy would enter a death spiral of falling prices, declining commerce, and extreme concentration of wealth.
Dogecoin improves on bitcoin by allowing an increase in the number of coins over time. A dogecoin-based economy would suffer gold standard-like volatility and bouts of deflation, but at least it would at least avoid the death spiral of a bitcoin-based economy. But this also makes dogecoin a worse investment vehicle than bitcoin. Either way, the world would be stupid to adopt as currency something that makes the economy worse instead of better.
It's certainly possible for a digital coin to provide adequate long-term growth in the money supply, growth that responds to economic need. And indeed, such a coin could actually replace currency. The problem is any coin that's an actual viable currency replacement must also be a terrible investment vehicle.
The crypto world is trapped between a rock and a hard place. A cryptocurrency can either have adequate supply (good as a medium of exchange, bad as a medium for investing) or constrained supply (good investment, bad exchange). It inherently cannot be both. This paradox doesn't bode well for the long-term value of any of the current exchange traded cryptocurrencies.
An update on CT or Roadster for the Thursday event as “one more thing” would be great.
it would give a sense that 500+ mile range vehicles are still on the table and CT was supposedly “pencils down” a few months ago.
it would give a sense that 500+ mile range vehicles are still on the table and CT was supposedly “pencils down” a few months ago.
JRP3
Hyperactive Member
It would also take away from the vehicle being showcased. I don't expect a "one more thing" at this event.
How about just an update on the ATV?
Unless one more thing, V11. Video montage of what it can do....and then FSD Beta wide release!
I'll fall over and die.
FSD along the race track
CA Governor pitches $11.8B Climate Budget Bloomberg interview - lots of good info there including some real hope that we've turned the corner from a fight into collaboration towards sustainability energy and transportation.
www.bloomberg.com
California Governor Seeks Record $11.8 Billion Climate Budget
California Secretary for Environmental Protection Jared Blumenfeld discusses the record $11.8 billion spending budget aimed at fighting climate change that California Governor Gavin Newsom recently proposed. The package includes resources to fight wildfires and drought and to accelerate the...
www.bloomberg.com
Xepa777
Member
You should look into the Terra ecosystem. Interview with Ark Invest on this POS (eco-friendly) blockchain founded by Stanford engineer and backed by Coinbase, Galaxy Digital, and Robinhood CEO - The Terra Blockchain with Do Kwon - ARK Podcast
AimStellar
Member
If you recall, it was initially supposed to be Battery + POWERTRAIN day, but then Elon said there was too much and stripped it down to a merely gobsmacking, industry destroying Battery alone day.
I’m hoping we get some of that Powertrain Day that they had to cut for time
If you recall, it was initially supposed to be Battery + POWERTRAIN day, but then Elon said there was too much and stripped it down to a merely gobsmacking, industry destroying Battery alone day.
I’m hoping we get some of that Powertrain Day that they had to cut for time
My impression is that there is a fair bit to talk about on the Powertrain, specifically the Plaid drive...
So I expect;-
- A fairly detailed technical overview of Plaid drive.
- A quick overview of other Model S features and specs.
- Some footage of track runs for record track times.
- Delivery event
- Test rides.
I think some of the early orders could be worth more than $10k. Anything that gets you a CT while the early part of the ramp is going on is worth a good deal. Once they hit 1000 a week then the premium might wear off. Some celebrities and multi millionaires may pay 20% premium easily to have the first one in their city. And I will do anything to get mine earlier. Fly. Get a PO box in another state. Pay extra sales taxes.
Any “one more thing“ you would want to be something that doesn’t pull demand from the Plaid S (Tesla still has Plaid S as available for delivery in June, so obviously has plenty of spare production capacity at present) Maybe the semi or a new commercial van, possibly the final CT Design, ATV. would be awesome to see a model S plaid pulling in after completing a coast to coast FSD trip without any deactivations (outside of recharging stops).
I would be happy if it’s just all focused on Plaid S.
Similar threads
- Locked
- Locked
- Locked
