Tesla should make digital teslacoin. Each coin would buy one Tesla of your choice. Tesla would sell the coins directly and the price would initially be set to equal the most expensive Tesla currently being sold. The coins are also collectible and transferable. Only 21 million will ever be made, so they should appreciate dramatically in this environment. And if, due to the rarity of these coins, they do appreciate, investors may wish to hoard them instead of using them to actually buy a Tesla. This could transform Tesla into the first auto manufacturer that no longer needs to manufacture any cars. Investors make money. Tesla makes money. Win win.
If this idea is successful, it could spread to all the other areas of our economy. At some point, we may never need to manufacture anything real again. Just go 100% digital. Let them eat cakecoin! Everybody wins!
Great idea. I’ll buy mine on margin! Can’t ever have too much leverage!
ReplyDeleteI am inspired by your optimism! Hahaha!
ReplyDeleteWonder why Elon hasn't already made his own coin instead of promoting Doge or Bitcoin. He has done a 180 on Bitcoin, but still tweets about Doge. There are 10,000 coins to clone, so no barrier to entry. And dozens of forks of Bitcoin, Eth, and others. They are all worth exactly the same. Two squirts.
ReplyDeleteFor those who would prefer the original one squirt coin, here’s a real nickel. ;)
ReplyDeletehttps://www.magictricks.com/squirting-nickel.html