toly 🇺🇸

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toly 🇺🇸

toly 🇺🇸

@toly

Co-Founder of Solana Labs. Award winning phone creator. NFA, don’t trust me, mostly technical gibberish. https://t.co/LomgbTpb6h

🏔️🏔️🏔️ Bergabung Şubat 2014
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Armani Ferrante
Armani Ferrante@armaniferrante·
It's Sunday. The one and only place--in the world--where you can buy $SPCX stock, stock that can actually make its way to your brokerage account on Monday, is on @solana. Internet capital markets are here.
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Robert Sterling
Robert Sterling@RobertMSterling·
SpaceX raised only $12B of capital before going public. With that $12B, they revolutionized the rocket industry, built a global satellite network, and created arguably the most innovative company of all time. The federal government spends $12B every 15 hours and still can’t get its shit together. Prior to SpaceX, NASA was sending astronauts into space on Soviet-era Russian Soyuz capsules. So no, I don’t find Elon’s wealth to be a problem, and I wouldn’t trust Elizabeth Warren or Bernie Sanders to allocate a single dollar of it.
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Michael Linden
Michael Linden@MichaelSLinden·
This is missing the point. It’s not specifically about this threshold or this particular man. The amount of wealth and power that is now concentrated in a relatively few hands is, indeed, bad for everyday people.
Jonah Goldberg@JonahDispatch

I don’t mean to be callous. But if the IPO fizzled yesterday, would your situation be any different today? Are you worse off because he’s a trillionaire? Were you better off on Thursday when he wasn’t?

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toly 🇺🇸
toly 🇺🇸@toly·
@LukeMiani They should totally pay a tax on earnings after deducting costs!
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Luke Miani
Luke Miani@LukeMiani·
Every argument I’ve seen in favor of unchecked billionaire wealth hinges on the assumption that their accomplishments beget such wealth, it is earned. Ok, let’s take that at face value. Wouldn’t the public dollars in the form of subsidies and investments also be entitled to reap the rewards of their sound investment? Should not the victor of the capitalist game owe some of his success to the country that made it possible?
Chris Freiman@cafreiman

Elon Musk became a trillionaire precisely because he solved important problems.

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toly 🇺🇸
toly 🇺🇸@toly·
I was born in the USSR, and socialists were either idiots, or sociopaths that take advantage of the idiots. He is blaming Elon and not his own voters who vote for local reps that create local zoning regulations. He is responsible for representing the people, or not? All costs are downstream of housing. Want good healthcare? Build enough housing that a nurse can afford a family sized 4bd on one salary with no over time. Want good policing? Same thing. So either he understands it’s his own voters local zoning regs or he doesn’t understand.
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Commanding Tater
Commanding Tater@redskin_potato·
@toly massachusetts needs to build more housing. but a united states senator has literally nothing to do with it. Markey has as much control over MA housing supply as any other senator. or any other American for that matter.
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toly 🇺🇸
toly 🇺🇸@toly·
lol. Senator from Massachusetts who created a self inflicted housing shortage wants to tax the people of Texas, who build electric cars and rockets, to subsidize the self inflicted housing shortage
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Ed Markey@EdMarkey

Elon Musk just became the world's first trillionaire. While working people struggle to get by, the billionaire class is becoming the TRILLIONAIRE class. It's disgusting. I'm fighting to tax the rich so we stop rewarding trading stocks over punching clocks.

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toly 🇺🇸
toly 🇺🇸@toly·
@haugejostein Wealth != capital. The wealth is the Tesla cars, the capital is the Tesla shares.
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Marc Andreessen 🇺🇸
Five dimensional chess doesn’t exist. Everyone is furiously improvising all the time. The future is utterly uncertain.
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Sardius
Sardius@0xSardius·
@toly lesson there
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toly 🇺🇸
toly 🇺🇸@toly·
To the naive observer it may seem like America is viciously fighting itself. But all our fighting is about money, which the government can print infinitely more of at any time.
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Robert Graham
Robert Graham@robertgraham·
Virtually none of Musk's wealth comes from government "help". The government bought things from Musk, as any other customers. It buys flights to the International Space Station (ISS) cheaper than it can buy them from Boeing or the Russians. That's not "help", that's "being a customer". The government wanted more electric cars, so it gave a $7500 tax break. Yes, this "helps" Tesla, but only as the secondary effect of the government helping itself, furthering it's climate policies. Whatever help you think Tesla and SpaceX gets, the government funnels far more to its competitors. That tax credit was available to all car makers. NASA gives outright grants of billions to SpaceX competitors that go nowhere, like Boeing's ill-fated "Starliner" and the "SLS Artemis" rocket to nowhere.
Seth Abramson@SethAbramson

Musk is the leading example of an illegal immigrant living off public welfare in human history and the man spends every day pretending the real problem is a woman cleaning motel rooms in West Murfreesboro Our species has let this evil man prosper and we will pay the price for it

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Ansem
Ansem@blknoiz06·
convinced that the ragebait around elon being a trillionaire is completely astroturfed, you are angry because the government is devaluing your dollars at a rapid rate, not because one guy has been successful at building self driving cars & sending rockets into space
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