A very simple phrase that caused a commotion yesterday as it is part of a series of quite controversial phrases attributed to ELon Musk. But beyond seeing how the price of a currency, such as dogecoin, soared and then fell, many things were glimpsed that can be deduced from these simple comments.
Although, Elon Musk is part of that elite that has increased its capital, becoming part of the select group of the richest men in the world. Within his characteristics, beyond being a visionary and entrepreneur in little-explored areas, his simple foray into the crypto world gives a lot to think about and suppose. We could say that there is a new look from the powerful for the world of encryption, taking advantage of what is already established and strengthened, or simply wait for the moment to be able to compete in this field of creations.
Remember that there is not a very good record with these powerful of technology and finance. Let's review a little the controversial statements of businessmen like Warren Buffet, Mark Cuban or perhaps the cold empathy of Jeff Bezos. They simply do not associate this type of asset as something tangible and that can compete even with gold. I think Elon Musk is the first to reject, think, balance and then give a short approval of something related to the crypto issue, in this case dogecoin.
Certainly this billionaire and visionary began to see something more than just numbers and letters in a single line, I think he already sees part of what this new reset will be and with it the accompaniment of a decentralized system and without bureaucratic rules that dismiss any movement or independent initiative of that private circle.
Again Musk begins to take the first steps in areas little explored and without interest to some, but that the political, economic and social nuances make her see with well-defined strokes of color where she wants to go without falling into the financial black hole.
For Bitcoin and crypto initiatives it is something interesting and very positive, since he is not a simple investor, we are talking about a man who wants to set up a whole network of satellites for a more efficient and equitable connection speed. Just the fact of combining this genius, money and the enormous potential of crypto, will prove a more than interesting result, it will be unique, a paradigm breaker.
Let's hope then if Elon Musk knows when to anticipate and recognize the opportunities, if to interpret fundamentals, he can see that fiat money does not have a good 2021 and that it will simply enter a declining phase to give way to new forms of exchanges. Bitcoin and cryptos have a free way to show what they are worth, figures of at least six zeros.
This article contains its own information and there is no space for palangrism. You can also read this content on my Publish0x and red.cash blog under the following link.
https://www.publish0x.com/cryptographic-alchemy/just-a-word-xzwyokq
https://read.cash/@martinezdamp/just-a-word-8fe1d424
