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Old 10-05-2021, 03:50 PM   #251
DoubleF
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Quote:
Originally Posted by Azure View Post
And how is that a bad play?

Lots of companies are adding Bitcoin to their balance sheet. To me it seems like a smart play considering how the US dollar has been losing its value the past 30 years.

I thought you meant in terms of the carbon offsets and ability to raise credit like crazy.
Huh? I wasn't trying to imply it's a bad play. I'm just not convinced that Bitcoin will keep rocketing up past $51K USD, and that government funds to Tesla will dry up but I could be wrong. Those assets/revenue streams won't always be as lucrative and valuable as they are now.

But that won't matter, because the rest of Tesla will still basically print money. That's what I meant.
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