Elon Musk Crowns Himself 'Technoking' of Tesla, Drops Techno Track About NFTs (theverge.com) 80
Elon Musk is getting in on the NFT gold rush by selling a new electronic music track he's apparently produced as an NFT. The Verge reports: Yes, you've heard that right -- it's a song about non-fungible tokens, which Musk appears to have minted (or plans to mint) on the blockchain. Musk did not include a link to the NFT, so it's not clear if it's already live or if Musk plans to initiate the sale at a later date. It's also not clear on which platform Musk intends to sell the NFT.
We also don't know if the song has a name, but we have some clues. The looping video attached to the song Musk posted to Twitter on Monday displays the words "Vanity Trophy" orbiting around a golden orb affixed to the top of a literal trophy reading "HODL," short for the phase "hold on for dear life." [...] At various points in the short video, the words along the trophy shift from "computers" to "never sell" while a female vocalist sings lyrics over top like "NFT for your vanity" and "computers never sleep." Did I mention that the trophy also has little gold dogs, or "doges" if you will, rotating around it, too? The techno song drop is appropriate considering Musk named himself the "technoking" of Tesla in a filing with the U.S. Securities and Exchange Commission on Monday. Meanwhile, chief financial officer Zach Kirkhorn's new position is "Master of Coin."
Both Elon and Zach "will also maintain their respective positions as Chief Executive Officer and Chief Financial Officer," the filing concludes.
We also don't know if the song has a name, but we have some clues. The looping video attached to the song Musk posted to Twitter on Monday displays the words "Vanity Trophy" orbiting around a golden orb affixed to the top of a literal trophy reading "HODL," short for the phase "hold on for dear life." [...] At various points in the short video, the words along the trophy shift from "computers" to "never sell" while a female vocalist sings lyrics over top like "NFT for your vanity" and "computers never sleep." Did I mention that the trophy also has little gold dogs, or "doges" if you will, rotating around it, too? The techno song drop is appropriate considering Musk named himself the "technoking" of Tesla in a filing with the U.S. Securities and Exchange Commission on Monday. Meanwhile, chief financial officer Zach Kirkhorn's new position is "Master of Coin."
Both Elon and Zach "will also maintain their respective positions as Chief Executive Officer and Chief Financial Officer," the filing concludes.
it's a sad day (Score:1, Funny)
when we encourage the exploitation of mental illness in our most vulnerable billionaires.
Re: it's a sad day (Score:2)
I think we should crown musk the king of limbo:
https://m.youtube.com/watch?v=... [youtube.com]
Oh good lord (Score:2)
Who cares? (Score:5, Informative)
Why do people seem to slurp up every minuscule amount of information about this guy? Don't get me wrong, I think his companies are doing good things but who the fuck cares about just the guy?
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To be fair, he made some good initial decisions for his companies and they have done well despite later poor decisions. However, his promotion tactics have helped but also been a double-edged sword. I don't dislike him but I don't care about his antics.
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What about SpaceX? He founded it, put together the team. It was his idea to switch to methane based on finding out that the Russians had some good results with it in the 80s. Most people were saying reusable wouldn't work. He had to do a lot of work convincing investors. Look, nobody else is anywhere close. Boeing and other rocket manufacturers STILL don't have a reusable launcher. Boeing is STILL milking the US government to fund the non-reusable and super expensive Space Launch System.
Also, regarding Tesl
Re: Who cares? (Score:4, Interesting)
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Why do people seem to slurp up every minuscule amount of information about this guy?
To be fair, the "technoking" bit was in an SEC filing. Usually not the subject of "miniscule information".
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I find his behavior entertaining. Why are you such a miserable cunt?
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Kinda sounds like the pot calling the kettle black.
News for Nerds (Score:2, Funny)
...isn't always Stuff that Matters...
Please Sir (Score:5, Insightful)
Please Sir, may I buy another tulip?
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Isn't Bitcoin suffering(?) from a severe case of deflation?
Seems like as long as Bitcoin keeps gaining in value, nobody has much incentive to buy anything with them. Better to just hold on (for dear life, if you insist) and let them gain value for you, no? Makes for a nice investment (if you bought early), but not a great currency.
Of course, if it's all a bubble, at some point it will burst and then everyone will be trying to sell all of their bitcoins ASAP, for whatever they can get for them.
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deflation is a feature, not a bug. Things are purchased because they will be worth more in the future than the deflating currency,
Do you know what deflation means in terms of currency? It means your dollar will buy more baskets of apples tomorrow than baskets of apples today.
Things are purchased because they will be worth more in the future than the deflating currency
If things are worth more in the future than the currency, than the currency is inflating not deflating.
In a well functioning economy things probably should not be purchased for their relationship to the currency AT ALL. That should be basically fixed. Things should be purchased because they are needs, wants, or productive wealth generating assets, you buy food be
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I am not assuming "all things" I am assuming most thing because inflation and deflation are about purchasing power of the currency. That is with respect to other assets/goods generally.
There are always going to be a pockets of assets that are growing or declining in value with respect to the currency. Various outside circumstances will generally drive that. The global pandemic has done wonders for lower density residential real-estate, not so much for large commercial office spaces.
You can't say deflation w
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BCH / ETH more stable and usable (Score:1)
BCH and ETH have lost a huge amount of value relative to BTC over the last 4 years
The fact they track up more slowly means they are probably more stable.
Also from the standpoint of probability of use, BCH and ETH seem like better things to hold. Bitcoin is more about investing because of the high transaction costs, but I'm not holding any to invest, but as a possible currency to use at some point in the future, indeed the near-term future as I'd like to encourage more merchants to take BCH especially.
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Yes at some point most people will probably need to exchange that back into real money.
Thanks SuperKendall you told us all we need to know right there. Best of luck bilking those folks lower down the pyramid though.
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That is humorous but just because something is more real, does not make it more usable. Zimbabwe had plenty of "real" money also.
I'm not in Bitcoin for investment (well really not even at all, since I only hold BCH and ETH). I'm in it as a form of currency with a better potential to hold value, and be less restricted.
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I knew it (Score:2)
He's going to literally take a regnal name soon, and in another decade many CEOs will follow.
ButtleBots [Re:I knew it] (Score:1)
How about the two "Chosen One's" fight it out in an arena to see who is the real Chosen One.
(If the test is accurate, they'll both lose; if not, the problem is halved.)
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I think I would actually pay to see elon and bezos beat the shit out of each other
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That's not the same Chosen One I had in mind, but it'll do.
Read it as Technoviking. (Score:2)
... I can't be the only one.
The NFT thing is just infuriating (Score:5, Informative)
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Agreed entirely. Unfortunately, he buys into Ark Invest's attempt to sweep Bitcoin's energy consumption under the rug, by comparing it to "all banking" (rather than just what it is, only a transaction system) and leaving out the transaction rate.
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You say that as if all the crypto-currencies use PoW and the same power as Bitcoin but it's not true. And holding coins doesn't require any energy either.
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" And holding coins doesn't require any energy either"
If nobody wanted to hold coins, then the demand for them would have dried out and their production would not be economical.
By holding coins you basically paid someone to mine them (after the fact, like when you buy gasoline). Also, by holding coins you basically pay someone to mine new coins.
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Musk's involvement with Tesla has been about taking advantage of new government tax incentives, and coincidentally building a car for his planned Mars colony. Musk's involvement with SpaceX has been about taking advantage of newly open-sourced NASA tools, and coincidentally building a way to get to his planned Mars colony. He just wants to build a Mars colony to be technking.
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Plus, *his* carbon contribution is only simulated [smbc-comics.com], really.
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Musk's involvement with Tesla is all about trying to deal with climate change and related problems.
Got a citation for that? Because you might want to look into the GHG emissions from a single rocket launch.
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First, they aren't using solid rocket boosters. Solids put out a lot of different different nasties (although oddly enough not as much CO2).
Second, they are engaging in booster reuse. Reusing a booster via landing increases its fuel burned, but the increase is far far less than the energy use of making another giant metal structure of that siz
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A Falcon 9 launch emits a comparable amount of CO2 to a round trip flight from London to New York - 400ish tons. A Starship launch would emit ~6 times that [everydayastronaut.com]. Humanity would need to be launching many rockets per day, every single day, before the resulting greenhouse gas even begin to register in the grand scheme of global emissions, which are measured in tens of gigatons.
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Humanity would need to be launching many rockets per day, every single day,
Have you seen Elon's launch roadmap? Also it doesn't have to match current global emissions to be a problem, it only has to increase them, which it is.
FWIW, I have no problem with this, I think the better approach to progress is through innovation and the steady march forward than restrictions and limitations. Austerity is failed logic, but unfortunately a lot of hippies would happily send us all back to the dark ages in the name of 'progress'.
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Instead of insulting people as "hippies" or labeling things as "austerity" it would help to actually grapple with the genuine problems involved. Climate change is real.
Of course the climate changes all the time...
Humans are causing it
How much of it? If the science is settled, this should be an easy question to answer right?
If you don't know how much of the change is influenced by human activity how you possibly expect to solve it?
and it is harmful.
Do you know anyone harmed by the climate? What is the ratio of Teslas to climate harm minimisation?
'Climate harm' has reduced massively over time, why do you think this will change?
The entire point of things like electric cars is to try to reduce CO2 production while keeping close to the same standard of living. And yes, sometimes restrictions are needed because we realize humans are doing something very harmful.
Who gets to decide?
Or would you label laws against CFCs and laws against leaded gasoline as hippies trying to send us back to the dark ages also?
Nope. Never said that. Was that your attempt at a strawman?
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Not the OP
Got a citation for that? Because you might want to look into the GHG emissions from a single rocket launch.
But, oddly, I did that a while back, and the answer is - in the grand scheme of things relatively trivial [everydayastronaut.com] though somewhat dependant on the size of rocket and type of fuel it uses. Considering the gains from all manner of satellite, rocket launches are not what should be concerning us:
"A Falcon 9 releases 425 tonnes of CO2 per flight, whereas a 747 (using half its fuel, according to the linked article) uses 302 tonnes of CO2 per flight.
In 2018 there were 114 orbital launch attempts. In that same ye
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But, oddly, I did that a while back, and the answer is - in the grand scheme of things relatively trivial [everydayastronaut.com]
My point here is that Elon isn't doing this for some perceived green agenda. If he was, he'd simply stay at home and do nothing, since that is ultimately the easiest solution. 425 Tons is still 425 tons more than before, and the hippies will burn you at the stake for behaviour like that...
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Staying home doesn't reduce CO2 as much as going out and solving the problem,
Actually it does. Reduce, Reuse, Recycle. Remember that? Doing absolutely nothing reduces your emissions to near zero almost immediately, but people always feel like they need to something rather than nothing, even if nothing is the better option.
To quote Eminem (Score:2)
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Correction, nobody admits to listening.
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Would you board an interplanetary rocket designed by someone with such appallingly taste in music?
At least Jim Kirk and Zefram Cochrane had class.
Bono Jr (Score:4, Insightful)
Where is he selling it? (Score:2)
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https://www.nytimes.com/2021/0... [nytimes.com]
Stupid is built-in to the system. Its working
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Capitalism is just another word for racism.
BEHOLD... Peak Stupid!
Methinks you rushed to assign that approbation. Just when you think you've idiot-proofed the world, nature builds a better idiot. I think Peak Stupid is years away yet. There is much stupid yet available in the stupid mines. (The other names for FaceBook and Twitter.) Some scientists believe the supply of stupid may be inexhaustible!
On a more serious note, ElitistWhiner should probably stop posting while high. That post made a kind of sense. The kind of sense that makes sense when you're high. Not su
Technodouche (Score:3)
Why am I here? Not for this.
Nice (Score:2)
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Ah, how quickly the pussy-power types change their tune when the opportunity to marry into exploitative fortune comes knocking.
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when the opportunity to marry into exploitative fortune comes knocking
Kindly fuck-off to a non-English site; your gibberish gains nothing in translation.
Get the NFT techno track for free! (Score:2)
Stop saying "drop" (Score:2)
still working on the title (Score:1)
He is still deciding between "Will the real Satoshi please stand up" and "Oppa Tesla style".
Kanye Musk (Score:1)
Technoking and master of coin (Score:2)
any man who must say 'i am the technoking' is no true technoking
Long term high strength cannabis (Score:1)
Claims another victim...