Oddbean new post about | logout
▲ ▼
alanbwt | 2 months ago (raw) | root | parent | reply | flag +1 
 He’s already created reusable rockets - the first of their kind

Will critique Elon where he’s wrong, but you cannot argue he hasn’t innovated in rocketry.
▲ ▼
Zach⚡️ | 2 months ago (raw) | root | parent | reply | flag +1 
 Creating landing rockets using government subsidies as part of a grift company is not the same as leading humanity towards being an interplanetary species. At best that would be hyperbole.
▲ ▼
alanbwt | 2 months ago (raw) | root | parent | reply | flag +2 
 Who has done more? Certainly not NASA or Boeing.
▲ ▼
clf99 | 2 months ago (raw) | root | parent | reply | flag 
 Boeing is clearly just an arm of the government at this point and hence they do not perform well
▲ ▼
Zach⚡️ | 2 months ago (raw) | root | parent | reply | flag 
 Out competing fellow grifters does not make you worthy of the title of interplanetary pioneer.

I challenge you to go back a decade and listen to Elon talk about his companies to see just how many promises he makes versus what is actually delivered.

The unfortunate(?) reality is that humanity is not ready to become an interplanetary species. Not only do we lack the technology, we also lack the motivation and spiritual fortitude to accomplish such a large goal. Maybe in a few centuries under a Bitcoin standard we could achieve that goal, but the energy is not there yet.

Dogecoin is very in line with all his other companies. "Faster" blocks, "More" transactions, "Better' scaling, but nothing truly innovative under the hood. 

Tesla, SpaceX, Hyperloop, Solar City, X.com (the original one) all have the same failures. Over promise based on a misunderstanding of the fundamentals, grift funding from private and public investors, then rotate capital towards next venture. A tale as old as time.