Tom retweeted
Replying to @bourscheid
No, you don't get it.
He does not have $1 trillion sitting in cash, it is 99% stock in his companies.
To make that wealth liquid would mean selling all that stock which would swiftly destroy *both* the companies (Tesla, SpaceX, others) and the wealth. If he sold it all, he'd end up with maybe $100b max, several hundred thousand people would be out of work, the companies ruined and many of their suppliers also ruined.
Okay, but now Elon has $100b in cash, and can "solve the world's problems".
$100b divided by the world's 8 billion people is $12
If you were in charge, several of the most innovative industrial companies in the world would be destroyed, hundreds of thousands out of work, and space would again close to human civilization for another generation.
But everyone on earth could have one nice meal and you could revel in your altruism.
Tom retweeted

Tom@RunningLowMay 5
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Replying to @R89Capital
Everything costs more, even stocks. When the value of the dollar decreases, everything priced in dollars increases.
Tom retweeted

Tom@RunningLowJan 31
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Replying to @WatcherGuru
the new proof of steak
Tom retweeted

Tom@RunningLow19 Jul 2025
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Replying to @chamath
I don’t know what happened but dividing your audience with politics was once considered a bad marketing decision.
Tom retweeted

Tom@RunningLow17 Jul 2025
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Replying to @saylor @IIICapital
Michael Saylor should start an Ethereum Treasury company and name it MicroTragedy.
Tom retweeted

Tom@RunningLow2 Dec 2024
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XRP distribution is centrally controlled, the ledger is distributed, the network is decentralized.
Bitcoin is a different beast, everything from distribution to confirming transactions is all systematically intertwined.
Both work great, XRP requires a bit more trust but provides a more progressive performance based protocol. BTC sacrifices performance but provides a more conservative and secure asset by minimalizing governance and limiting complexity.
Tom retweeted

Tom@RunningLow18 Dec 2024
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Replying to @WatcherGuru
The Department of Treasury CAN own Bitcoin.
Tom retweeted

Tom@RunningLow3 Sep 2024
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Replying to @theionicXBT
Sorry, I don’t agree.
You’re telling me this is all about the tech, it has nothing to do with an actual f-ing asset being born digitally?
C’mon.. These assets aren’t valued in progress, progressive is to be governed. The value is in code, not a founder—a system, not governance.
Tom retweeted

Tom@RunningLow14 Jun 2024
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Replying to @Vivek4real_
The #Bitcoin pyramid scheme.
Tom retweeted

Tom@RunningLow21 May 2024
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Replying to @jacobfranek @EleanorTerrett
Tom retweeted

Tom@RunningLow2 May 2024
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Replying to @BaseballQuotes1
Someone should make a baseball cleat 90ft long. @Nike
Tom retweeted

Tom@RunningLow24 Apr 2024
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Replying to @MPSilver727 @ChrisPacia
Why do people compare Bitcoin to Visa?
Visa takes 2-3 days for a transaction to actually complete, wouldn’t processing time actually be quicker if Bitcoin was used to settle net transfers?
Tom retweeted

Tom@RunningLow13 Apr 2024
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Replying to @dougboneparth
WW2 pulled us out of a Great Depression 🤷🏼♂️
Tom retweeted
Extending on post below.
#Bitcoin was not just invented one day by some very smart people (Satoshi Nakamoto). It's the product of 20+ years of trial-and-error by 700+ pro-freedom computer engineers trying to save humanity from the totalitarian digital prison we now see emerging.
#Bitcoin is freedom's only hope for survival -- because whoever controls your money controls you.
Bitcoin separates money from state.
Tom retweeted

Tom@RunningLow6 Mar 2024
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Replying to @Blind__Luck
When the value of the USD goes down substantially, all things measured in USD presents the illusion that they are going up in value.
Tom retweeted

Tom@RunningLow7 Mar 2024
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Replying to @OutdoorFinance
Everyone asks, what is Bitcoin backed by?
Everything in digital form requires trust, IOUs backed by an issuer. Gold is backed by a promise they’re holding your reserves. Banks are backed by the promise they have your cash.
Bitcoin is not backed, and that’s why it’s valuable.
Tom retweeted
When Bitcoin has a sudden and sharp shake-out decline, the market is just winking at you $BTC
peterlbrandt.com/paper-on-bi…
Tom retweeted

Tom@RunningLow5 Mar 2024
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Replying to @patato_ass
Black sheep, black listed, blackhole, blackmail, black out, black market, black magic, black swan is BlackRock.
Tom retweeted

Tom@RunningLow20 Feb 2024
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Replying to @christophtroye @briandecoded
achievement is living, fulfillment is dying







