More or Less #73: Elon to Lead DOGE, Bitcoin Surges & the Trump Alliance
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Nov 15, 2024 The discussion explores Elon Musk's growing influence on government, merging tech interests with political power. There's speculation about Bitcoin potentially surging to $100K and the implications of leaders like Musk in the crypto community. They dive into investment strategies in volatile markets and the intertwining of tech and politics. AI developments are analyzed, especially in healthcare and advertising. Additionally, humorous anecdotes about personal experiences and pop culture add a light-hearted touch to the conversation.
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Tech Bros as Advisors
- Tech leaders are gaining influence by advising the president, acting like venture capitalists with "super internships".
- They avoid cabinet positions to retain control and potentially exploit tax-free diversification strategies.
Elon's New Role
- Elon Musk joined Vivek Ramaswamy as co-head of the Department of Government Efficiency.
- He aims to slash the federal bureaucracy like he did with X (formerly Twitter).
CEO Sentiment on Trump
- Tech CEOs are excited about potential deregulation under Trump but concerned about policy contradictions.
- The impact on companies like Apple and Tesla's business in China is a major concern.