gsa4555@lemm.ee to Technology@lemmy.worldEnglish · 1 year agoElon Musk admits X 'may fail, as so many have predicted'www.businessinsider.comexternal-linkmessage-square314fedilinkarrow-up1791arrow-down171cross-posted to: technology@beehaw.org
arrow-up1720arrow-down1external-linkElon Musk admits X 'may fail, as so many have predicted'www.businessinsider.comgsa4555@lemm.ee to Technology@lemmy.worldEnglish · 1 year agomessage-square314fedilinkcross-posted to: technology@beehaw.org
minus-squarepgx@lemmy.worldlinkfedilinkEnglisharrow-up24arrow-down8·1 year agoThe nice thing about our economic system is that value is rarely completely destroyed, the money he paid for Twitter didn’t cease to exist, it went to former Twitter shareholders. They may be using it in more productive ways than he ever would.
minus-squareFlying Squid@lemmy.worldlinkfedilinkEnglisharrow-up33arrow-down3·1 year ago They may be using it in more productive ways than he ever would. They use it to reinvest and hoard. Because that’s what the investor class does, which is why they’re useless.
The nice thing about our economic system is that value is rarely completely destroyed, the money he paid for Twitter didn’t cease to exist, it went to former Twitter shareholders.
They may be using it in more productive ways than he ever would.
They use it to reinvest and hoard. Because that’s what the investor class does, which is why they’re useless.