Musk's explanation of what money is: A mind-blowing revelation! Money isn't money at all.

Elon Musk explained in an interview that money is merely a tool or database for recording and exchanging goods and services, and the real economy consists of tangible items like food and clothing, not the digital numbers in bank accounts.

Summary

If you were stranded on a desert island, would having trillions of dollars in your bank account be of any use? The answer is, a bowl of hot soup would be more useful than those numbers!

In an interview, Musk said that many people think the economy equals money, which is a big mistake. Money is just a "database" used to record and exchange goods and services; it has no power of its own.

Even if you owned all the Bitcoin in the world, you'd still starve on a desert island. What truly saves lives is a bowl of hot soup or a piece of clothing. The real economy consists of tangible goods and services, not just numbers ticking in an account. Money is merely a tool, not the end goal.

Share to:

Author: PA影音

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together