who was it that said cash is units of energy? I disagreed with them and said it’s value for trade and you want your trades to run about equal if not more so there by being said that for a computer you need $100 and for a beer you need $1 my computer cost $75 but $100 for all intents and purposes and you wouldn’t let a computer go for less than $100 but you would let it go for more than $100 that’s the agreed upon value in society this is an academic topic pricing and Elon musk is out there in the post university world where his valuations are whatever he can dream of whatever he can think of is his valuations for his products with space x he’s talking billions of dollars per unit of investment because he’s saving up now for a trip to the moon he has to do in public what NASA does in private everyday so I know more about this than I know about NASA because nasa isn’t getting the press that Elon musk gets NASA gets treated quietly Elon musk is blowed out big and bold like this ad here on Facebook where Dubai is listed as an investor the 5th largest where he owns 4% of the company and it’s $30 Billion dollars leaving you to know it’s a major holding of money but you have to ask yourself how mundane is this business in practice how bored is Elon musk with the money side of things? just some paperwork really at this point I think about how you need base level money like you need rent and groceries and utility i’ve written about this before that’s your core need and the rest is really 2nd level money it’s money on top of the money you need it’s money you can do without but it’s not money that affects your groceries and your rent and your utility I know what i’m talking about I can see it your money is organized by your 1 level money that is your needs and then 2nd level money is your business and desires and those things the things you can do without were witnessing Elon musk playing with his hobby money that he tells people around with but that he is incapable of doing anything in space x or Tesla he can only tell people what to do with pay pal he would have been better off because he was in total control of his product down to the variable just like i’m in lets say total control of this product here I am writing this to the extent that this is something I am in control of forces of telepathy may prove different one day but I’m in control of this product and that’s a reason I should do this because i’m the master of this output just like Elon musk was the master of the output of his bank he controlled the vertical and the horizontal of pay pal and he sold it and now he’s in charge of space x and Tesla and X and he has 30 days a month to handle his business and it’s hobby work it really is it’s non critical work the lot of it we don’t need x we don’t need Tesla and we don’t need space x we really don’t rely on these businesses for any reputable allocation of value there is nothing we need from him its all his hobby he’s spending his earnings on from the pay pal sale this is all the result of publishing
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