@cholling@bytes.programming.dev
Post #3294745
2026-06-09 20:21 UTC
@gknauss@mastodon.social I won't deny that Musk is an obscenity, but he's not really a trillionaire. More like "enough investors believe his fairy stories for the time being that he'd have a trillion dollars if his stories were real."
Replies (1)
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@EndemicEarthling@todon.eu 2026-06-09 23:45
@cholling@bytes.programming.dev @gknauss@mastodon.social That's what all fiat money is: a collective fiction/act of shared imagination. If enough people believe in it and treat it as real, it has real effects.