Bitcoin Bull Defends Elon Musk, Compare His Decorated Pedigree To That of Satoshi Nakamoto
Elon Musk the biggest entrepreneur of our age has an extraordinary sense of humor and often puts his “meme game” on display to his millions of followers on Twitter and other social media platforms.
But, this behavior of his which many are an adherent fan of have not gone down well with many policymakers in the government. Recently he faced the heat from the US SEC for tweeting sensitive information about publicly traded Tesla.
Many Billionaires from the Silicon Valley have come out in support of Musk and have asked Wall Street to stop picking on him as he has done more innovation in his life than anyone else, and going behind him would only discourage others to take the risk as Elon did. Among the billionaires from Silicon Valley who has come out in support of Elon Musk, Tim Draper is probably the most notable name.
Tim Draper, the billionaire venture capitalist, and an avid Bitcoin proponent during his feature interview with Bloomberg defended Elon Musk and put him in the same category as the pseudo-anonymous inventor of Bitcoin, Satoshi Nakamoto. Draper said that the press needs to find a better job rather than looking down upon someone who has nothing to prove to the world. He said,
“I’ve noticed something happening in the press that’s not healthy which is this schadenfreude where they go after the tallest trees. They go after these extraordinary people like Elon Musk or Jeff Bezos…they’d probably go after Satoshi Nakamoto if they knew who he was, these extraordinary people who have created amazing things for our world. And we should be honoring them…I think we really should be saying, these are the best and brightest and the people who have done great things for us.”
Tim Draper is known to have an eye for the tech of the future and he has invested in a number of ventures which have gone on to become quite successful. Some of the most notable investments include Skype and buying Bitcoin confiscated from the darknet market place Silk Road.
Draper defended Musk and said that no one is perfect but we need to look at the complete picture. Musk is someone who has given us cool electric cars as well as making efforts for affordable space travel.
Draper went on to add,
“I think you’ve got to look at the whole picture…He brought us a really awesome electric car. And now he’s shooting things into space for us. The guy has done some extraordinary things.”
Musk is a Genious Who Does Not Refrain From Taking Risks
Tim believes it takes a lot of courage to invest in an idea which looks nothing more than a fantasy to many in the outside world.
And Musk has not done that once or twice, but numerous times, be it his electric car venture Tesla which even though faced a lot of challenges in keeping up with the demand, managed to become a most successful manufacturer in its class leaving behind the established players like Audi and BMW.
Similarly, his “Boring Company” came out due to his frustration with the ongoing traffic, and Musk decided to drill holes underground to create an alternative commuting option. What seemed to be another joke from Musk soon turned into a full-fledged company which is already in its testing phase. SpaceX which has been in the business for just over a decade has already made innovations which NASA is using. So, Elon's work speaks for himself he does not really need to prove a point to anyone.
Tim noted that it is quite lonely at the top as no one can even imagine about taking risks of the highest level not once but on numerous occasions. Tim added,
“The best engineers in the world want to try something extraordinary…They want to cure cancer or get us to Mars or figure out space travel….They’re trying to do extraordinary things and that’s what they want to be a part of.”
Tesla has often been the target of trolls and fake news brigade, who have often published fake reports on the progress of the company and its incompetency to deliver the products on time. However, the firm has only emerged stronger after every such claim and fake news.
Entrepreneur Sam Altman Defends Elon
Entrepreneur Sam Altman who is well-known in the Silicon Valley circles tweeting,
“It's gross seeing so many roots against Tesla. Be the person on the side of the climate and innovation, not the person hoping to make money on puts.
Also, betting against Elon is historically a mistake…and the best product usually wins.”
The tweet is quite on point given the history of Musk proving his critics wrong almost on every occasion. Tesla was always pegged to fail, but Musk gave the world its first completely electric vehicle which is years ahead of the competition. Same goes for the SpaceX, in its initial days even NASA and many astronomers doubted the work that SpaceX was doing and the idea of launch rockets being reused was seen as a joke.
Well, the critics need to understand that Elon had the last laugh on almost all the occasions, so instead of focusing on bringing him down, they either need to understand how Musk works or find a better topic to make a hue and cry about.