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Stephen Elliott~Buckley<p><span class="h-card" translate="no"><a href="https://universeodon.com/@georgetakei" class="u-url mention" rel="nofollow noopener noreferrer" target="_blank">@<span>georgetakei</span></a></span> </p><p>The <a href="https://mastodon.social/tags/tesla" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>tesla</span></a> market cap had been over us$1t for so long, now they can barely keep it at us$800b.</p><p>Yesterday it was us$774b</p><p><a href="https://mastodon.social/tags/marketcap" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>marketcap</span></a> = stock price x number of shares </p><p><a href="https://mastodon.social/tags/cdnpoli" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cdnpoli</span></a> <a href="https://mastodon.social/tags/canada" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>canada</span></a> <a href="https://mastodon.social/tags/mexico" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>mexico</span></a> <a href="https://mastodon.social/tags/fascism" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fascism</span></a> <a href="https://mastodon.social/tags/antifa" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>antifa</span></a> <a href="https://mastodon.social/tags/elbowsup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>elbowsup</span></a> <a href="https://mastodon.social/tags/broligarchs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>broligarchs</span></a> <a href="https://mastodon.social/tags/billionaires" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>billionaires</span></a></p>
Kevin Karhan :verified:<p>Also repeat after me: <a href="https://infosec.space/tags/MarketCap" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>MarketCap</span></a> <a href="https://www.youtube.com/watch?v=sZjcFRdvbjc" rel="nofollow noopener noreferrer" target="_blank">is not a valid indicator</a> for any <a href="https://infosec.space/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>currency</span></a>, <a href="https://infosec.space/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> or otherwise!</p><ul><li>The <a href="https://infosec.space/tags/USD" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USD</span></a> has tons of market cap but <a href="https://infosec.space/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> will basically make it worth less than <a href="https://infosec.space/tags/asswipe" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>asswipe</span></a> by starting a <a href="https://infosec.space/tags/CivilWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CivilWar</span></a>! </li></ul><p><a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Monero</span></a> however has it's <a href="https://infosec.space/tags/vlaue" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>vlaue</span></a> solely based upon <a href="https://infosec.space/tags/fungibility" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>fungibility</span></a> and nothing else. The devs can't really up the <a href="https://infosec.space/tags/TailEmission" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TailEmission</span></a> and <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bitcoin</span></a> with it's finite amount of <a href="https://infosec.space/tags/Coins" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Coins</span></a> will inevitably become even slower and more expensive to use once those are mined.</p><ul><li>Plus <a href="https://infosec.space/tags/ASIC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ASIC</span></a>|s like those for <a href="https://infosec.space/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bitcoin</span></a> are essentially en <a href="https://infosec.space/tags/EnvoirmentalCrime" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>EnvoirmentalCrime</span></a> per very concept and produce thousands of tons of 100% avoidable <a href="https://infosec.space/tags/eWaste" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>eWaste</span></a> every year!!!</li></ul><p>Whereas at worst, a <em>"Monerp <a href="https://infosec.space/tags/Miner" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Miner</span></a>"</em> will be just a surplus Server/Desktop that others can put to use ...</p><p>Bitcoin <a href="https://infosec.space/tags/Monero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Monero</span></a> <a href="https://infosec.space/tags/Cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Cryptocurrency</span></a> <a href="https://infosec.space/tags/CryptoBro" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>CryptoBro</span></a> <a href="https://infosec.space/tags/NotFinancialAdvice" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>NotFinancialAdvice</span></a></p>