Post
Topic
Board Bitcoin Discussion
Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX?
by
collecttmaster
on 07/08/2025, 19:53:45 UTC
Well to be honest Trump has to do something since his approval rating has dropped dramatically in the last month.
But his company World Liberty Finance has been buying up cryptocurrenies in this month so to keep his investors happy.
Elon Musk's own company SpaceX still has a massive holding of bitcoin in it's own portfolio. So both are behind bitcoin and cryptocurrenies and would like to see their use thrive within the United States aswell.
Massive attacks on Trump do have their effect, the psyops sometimes do work. I don't think Musk's companies have enough Bitcoin though compared to their size. The problem with him is that he is a very unstable and sick person, so his support is always questionable. Today he may support you, tomorrow he may have a breakdown and attack you.

Grok 'confirmed' that chances of a quantum computer breaking sha256 in the near future is extremely low

https://99bitcoins.com/news/bitcoin-btc/did-elon-musk-just-blow-the-lid-on-bitcoins-future-heres-why-quantum-computing-wont-kill-sha-256/

The chance remains close to zero over the next five years.” – Grok, xAI
“Even by 2035, the probability is still under 10%.” – Grok, xAI
Grok like every other model of this kind is just reiterating things that it has found online and mixing it. Therefore any predictions that it makes should be dismissed completely. SHA256 is unlikely to be broken anyway, not even worth asking.