A recent (and substantial) donation made to the Canadian Trucker GoFundMe seems to have Musk’s fingerprints on it. The donation came from the name “www.liar.com” (which redirects to Justin Trudeau’s Wikipedia Page) for the amount of $42,069. 

Musk has had an affinity for pairing the numbers 420 and 69 together, previously slashing the price of the Tesla Model S to $69,420. Musk’s birthday is on June 28th, exactly 69 days after 4/20. 

However the donation no longer appears on the GoFundMe campaign since GoFundMe decided to freeze the campaign funds, and Canadian officials are attempting to have those funds turned over to the government instead of the truckers. Whoever the donor was apparently had the donation refunded in light of those developments. 

Musk has also been critical of the Biden Administration for refusing to acknowledge Tesla as an EV Leader. Biden has instead lavished praise on Ford and GM for being the EV Leaders, who have developed and sold far fewer electric vehicles than Tesla. Musk praised journalist Sara Eisen, who pressed Brian Deese, White House Director of the Economic Council, on their refusal to say the word “Tesla.”

A petition has also been circulating to compel the Biden Administration to acknowledge Tesla.

While online petitions are popular, realistically they achieve little or nothing. The Tesla community, much like Musk himself, value results.

Tesla owners appear to be brewing a plan to force the Tesla name on the Administration by making it unavoidable. This plan is to flood DC streets with an army of Tesla vehicles until Biden can say the word “Tesla.” While this appears to be in the beginning stages, many Tesla owners appear to be supportive. Some have floated the date 4/20 for DC arrival.

The post Is A Tesla Convoy Army Heading To DC? appeared first on The Libertarian Republic.

Musk Tweeted out that Canadian truckers rule, who are currently in a 50km long convoy bound for Ottowa in protest of vaccine mandates. He also followed up the tweet stating that CB Radios (which truckers use for communication) are free from government and media control.

A responder to Elon commented that government overreach was getting out of control, to which he replied that freedom is being stripped away one piece at a time until it’s gone. He later tweeted that if you scare people enough, they will demand removal of their own freedom.

Musk then turned his ire to basically everyone in government all over Twitter.

California Insurance Commissioner Ricardo Lara tweeted in response to Musk saying during yesterday’s earnings call that he was pushing to change the rules on telematics for California drivers. Lara stated that they would not budge.

Musk replied that Lara should be voted out of office, and that Lara is the reason why California insurance premiums are so high.

A Twitter user replied to Musk stating that the people should be able to decide whether their driving data is shared with the government, which Elon replied exactly.

An article was posted on Disclose TV stating that Sweden would not be mandating vaccinations for children 5-11 years of age. Musk replied that he was in awe of Sweden. An account replied stating that Denmark was looking to axe their mandates, to which Musk replied with a thumbs up.

Elon also shared a Lord of the Rings meme stating that government would be unwilling to give up their newfound emergency powers.

Peter Attia posted an article about why he was both pro vaccine and anti-mandate, which earned a reply of approval from Elon.

Next Elon took shots at the United Nations, asking why they haven’t released the global death data from 2020 yet, and followed up with a meme indicating that the UN takes money in exchange for doing nothing.

UPDATE: Elon Musk has since deleted the meme he posted with this tweet, and a screenshot is being placed in the article.

President Biden continues to hock GM and Ford as the EV Leaders while never mentioning the name Tesla, the actual leading American EV manufacturer. Elon stated that Biden is treating the American people like fools.

Musk then jumped into President Biden’s tweet, making it known that Tesla is leading the EV Revolution, and during the exchange called Biden a damp sock puppet in human form.

The post Elon Praises Canadian Truckers, Unloads On Government appeared first on The Libertarian Republic.

Warren sent a tweet repeating the lie that Elon Musk doesn’t pay taxes, when this tax year he will pay more than any one individual in history has, estimated around $10 billion. While Elon Musk does not pay the Federal Income Tax because he doesn’t actually have a cash income, he pays Capital Gains taxes on his Tesla stock options, the means by which he is compensated. Yet, progressive leftists continue to insist he doesn’t pay income tax, even though the truth is that he’s paying substantially.

Musk fired back at Warren, reminding her of her fraudulent claims of being Native American in order to get preferential admissions treatment to college. She even wrote a book called Pow Wow Chow, which by progressives’ own rules, I suppose we could consider cultural appropriation. When in reality, Elizabeth Warren is 1/1024 Native American. Former President Donald Trump, who referred to Warren as Pocahontas, effectively goaded her into taking a DNA test, where she found her Native American ancestry was substantially less than she claimed.

Elon Musk then went on to call Elizabeth Warren Senator Karen and stated she yells for no reason.

Elon tweeted at her again reminding her that his tax bill is going to be significant this year and took a shot at her for her role in the budget deficit.

Elizabeth Warren responded by drumming up ads on social media to solicit campaign contributions for her distant 2024 re-election campaign, acting as if she were running against Elon Musk himself. The website in the link is an Act Blue link for her campaign.

Unsurprisingly, the ads targeted California residents much more than they targeted Massachusetts residents, and the leading target demographic of her ads is women over the age of 65.

Upon learning of the ads, Elon Musk asked if Elizabeth Warren was really someone that we wanted as a Senator, and stated that the people of Massachusetts deserve better.

Yet, Musk appears to be spearheading ideals that progressives favor, like atmosphere decarbonization. It seems odd that they aren’t willing to recognize him for privately and willingly carrying out the work that they’re demanding be done by government force.

But of course, the memes have been fantastic.

The post Cowboys vs Indians: The Feud Between Musk and Warren appeared first on The Libertarian Republic.

Musk went on to mock those in attendance by stating any Chief position, like CEO or CFO is a made up position. He stated that the only positions that matter when filing for a corporation are the titles of President, Secretary and Treasurer.

Elon also stated in the interview that the Federal Budget Deficit is “insane” and called for President Biden’s Build Back Better Plan to be “deleted.”

But the real highlight came when Elon stated that the government allocates capital very poorly, and capital allocation should be done by private people who can do it properly. He then described the government as a corporation with a monopoly on violence, a phrase that is popular with libertarian thinkers.

While in past years Elon Musk has described himself on Twitter as having socialist tendencies, it appears he’s had a degree of reconsideration. Especially considering socialism is heavily reliant on this monopoly of violence.

This shift in thinking was very noticeable during an exchange Elon Musk had on Twitter with David Beasely, the Executive Director of the UN’s World Food Programme. 

After claims that $6 billion of Elon’s money would solve world hunger were made by CNN, Researcher David Eli inquired why the UN couldn’t solve world hunger last year when it had amassed more than $6 billion. Elon replied that if the UN could prove how $6 billion could solve world hunger, and be transparent about how funds were used, that he would immediately sell $6 billion worth of stock and donate it.

David Beasely with the World Food Programme chimed in stating that CNN’s claim was not accurate (no surprise there), but essentially stated “it’s a start” while seemingly not accepting Elon’s condition of transparency and accountability.

Elon then replied “What happened here?” and linked an article about UN Peacekeepers forcing children in impoverished countries to perform sex acts on them for food.

Apparently government programs are only not very good at resource allocation, but they’re also incredibly sinister about it.

Watch the entire interview with Wall Street Journal below.

The post Elon Musk: “Government Is A Corporation With A Monopoly On Violence” appeared first on The Libertarian Republic.

Since individual users did not have their own wallets however, sending and receiving cryptocurrency was not an option for Robinhood users. The wallet feature on Robinhood has been long sought and speculated upon.

Robinhood is expected to roll out wallets to select users this October, and has promised wallets to all users by the beginning of next year. Robinhood’s price per share jumped 10% on this news.

Robinhood was a popular platform during the rise of Dogecoin as it attracted many first time cryptocurrency buyers. Unfortunately Doge was not an easy coin to obtain for people who were new to Cryptocurrency. Most platforms that offered Dogecoin didn’t have a direct medium of exchanging dollars for cryptocurrency (this exchange had to be done elsewhere for Bitcoin, and sent to a different platform where you could trade Bitcoin for Dogecoin). 

While larger platforms like Coinbase now offer Dogecoin, at the height of the meme buying craze, the easiest place for new users to buy was on Robinhood. Despite Robinhood not having individual wallets, a large number of people still bought on Robinhood for the ease of purchase and the well above average quality real time price charts.

However, this created a concentration problem for Dogecoin, where a large amount of the currency was concentrated in just a few wallets. This problem was called out by the Doge Father himself, Elon Musk.

One of the largest offenders by far was Robinhood. Even though the Dogecoin supply on Robinhood belonged to a large number of users, being stored in a single central wallet played a large role in the concentration problem. Users finally having their own individual wallets will clear a large part of this concentration problem up in short order.

Robinhood is also expected to have upcoming promotional offers in the works to celebrate the launch of wallets. Traditional Robinhood promotions include zero-fee cryptocurrency trading, free shares of stock, as well as slices of a cryptocurrency pool. You can join Robinhood at this link.

Disclosure: The Robinhood link provided in the article is a referral link that potentially rewards the author at no expense to the reader. If you enjoy my work, please consider using the referral link. If not, you can download the app directly from the Google Play or Apple stores.

The post Robinhood Finally Bringing Crypto Wallets, Solving Doge Problem appeared first on The Libertarian Republic.

UPDATE: THE TRADING APP ROBINHOOD PREVIOUSLY RESISTED PUTTING LIMITATIONS ON STOCKS. HOWEVER ROBINHOOD REVERSED COURSE AND IS NOW LIMITING TRANSACTIONS OF CERTAIN STOCKS INVOLVED IN COORDINATED BUY EFFORTS.

If you’ve spent any amount of time on any social media platform in the last 2 days, you’ve likely seen a rising tide of posts laughing at short sellers and hedge fund managers.

Regular people like yourself have seemingly joined forces to decimate some of the least liked people in the financial industry, and make a quick buck themselves doing it.

Most people have been using the trading app Robinhood, which you can download here, and get a free share of stock from a random company, just for signing up.

So what’s all the rage about? In a nutshell, people are upset about short sellers who are making money off the collapse of companies that have been forced to close, largely by local governments, due to the pandemic.

Yes, you can make money off of stock going down. It’s a risky transaction that is executed by the vampires, vultures and leeches of the financial industry, the banking hive of scum and villainy. 

For our readers who are unfamiliar with short sell trading, we’ll begin with a normal buy transaction. If you buy a share of stock from a company, for say $20, the most you can possibly lose is the $20 you invested if the company were to go out of business. The upside however does not have a ceiling. That $20 can continue to go up and up forever if it is a good performing stock.

If you buy a stock for $20, it goes up to $30, and then down to $15, you did not lose $15. You ultimately lost $5 based on your initial investment.

A short sale is a polar reverse of a natural buy most people engage in. It relies on a stock to go down, rather than up.

With the short sale, you lock in the current value with a contract obligating you to pay a future price for it. You would only do this if you expect the price to go down, to pay a lower price for the current value. This is a way that short sellers and hedge fund managers profit off of a failing company.

This is a risky transaction to the mentioned potential unlimited upside to a natural buy if a stock does well. This means that if you short a stock, you had better be right; because the downside is unlimited. 

In the case of GameStop, short sellers were taking out contracts at $20 per share, committing themselves to paying a future price for that $20. They were likely expecting to pay pennies for that $20 based on their projected demise of Gamestop. The same momentum is now picking up with AMC Theaters.

In this case, the Reddit community and memers internet wide purchased the stock in massive waves on purpose, driving the price up to (at the time of this writing) to $292 per share. AMC Theaters is starting to pick up the same momentum, and increased from $4.70 per share to $14.61 share on Wednesday with people now seemingly looking to push that stock price way up.

In other words, at the time of this writing, those who are profiting from the government destroying industries are currently committed to paying $292 and receiving $20 for it. These short sellers tend to take out a lot of these contracts at a time, and within 48hrs the damage to them is in the billions. With the unlimited downside potential, these hedge fund managers have not just lost their investment, but have found themselves suddenly to be in a great deal of debt…. to the tune of billions collectively.

Those who have closely followed Tesla are familiar with the war against short sellers who continually bet on Tesla to fail. In the year 2020, Tesla short sellers lost more money than the entire airline industry did the year of the pandemic due to Tesla”s impressive growth.

Elon Musk released a limited edition offering of Tesla “short shorts” on Tesla’s website to mock the losses of Tesla short sellers. The shorts sold out almost instantly.

Elon Musk on Twitter promoted the legion of memers driving Gamestop’s stock price to hurt short sellers with his “Gamestonk” tweet where he linked the Reddit thread.

Stock Brokers like TD Ameritrade have attempted to squash the momentum by disabling trading of stocks like Gamestop and AMC. However Robinhood, the free trading app which has been favored by Millennials and Gen Z, has not made any move to disable trading. 

Folks on Twitter appear to be enjoying this new ride.

Disclosure: Referral link to Robinhood provided by the author

The post AMC, Gamestop Trolls Are Costing Wall Street Vampires Billions appeared first on The Libertarian Republic.

This achievement in and of itself is an enormous feat, but what’s more impressive is the way in which Musk built this fortune. Many progressives are quick to criticize people who have attained billionaire status, suggesting that no one person should have an opportunity to accumulate such capital while others live below the poverty line. What is often forgotten in these discussions, however, is the good these entrepreneurs have created for others and for society at large.

While a popular narrative may be that Musk achieved success by exploiting others, there seems to be a deep disconnect between this theory and reality. Alongside his personal wealth, Musk has created countless jobs, contributed millions of dollars to deserving charities, and spearheaded technological and engineering feats that once seemed impossible. His important breakthroughs have made way for progress, both within and outside of his own companies.

Rather than condemning Musk, we should be examining his path to prosperity. While it’s true Tesla received significant government subsidies, there are lessons to be learned here, and chief among those lessons is that of the power in risks. After all, if the government is going to get involved in private industry at all, it should be by providing incentives for innovation, rather than punishing or overregulating promising entrepreneurs.

In 2003, when EVs were largely considered a niche market, Elon Musk founded Tesla, the famed electric car company. With its unconventional marketing strategy and luxury appeal, Tesla contributed significantly to the popularization of electric vehicles in the 21st Century.

Since Tesla’s founding, the production of electric vehicles themselves, as well as EV infrastructure, has grown astronomically. Since 2003, the US has surpassed one million sales of EVs, and infrastructure has only continued to expand. Tesla paved the way for other EV manufacturers to debut in the modern market. The industry’s growth has surpassed initial expectations and with that, accelerated our path to a cleaner future.

Musk, of course, had no way of knowing this 17 years ago when he took a risk and founded Tesla. Entrepreneurs often precede market trends with their products, which is the beauty of a free market. Because of Tesla and similar EV companies, consumers were given a new, more sustainable choice.

Historically, innovation has been fueled by people like Musk, not government actors. Innovators are often maligned for their success, despite spearheading the very initiatives those on the left often urge governments to take on. The key difference, of course, is that entrepreneurs take risks with their own resources and at their own consequence, while governments take action at the expense of the taxpayers, and often at the cost of personal freedoms.

What’s critical is that Musk wasn’t reacting to government demanding a certain number of electric vehicles by a certain year or, as California enacted late last year, a complete phase-out of traditional, gasoline-powered vehicles by 2035. Instead, Musk created Tesla because he had an idea he believed would benefit and appeal to consumers. Luckily for him, the market responded enthusiastically, and Tesla became a household name in less than two decades.

Musk is a pioneer, and he took a risk that others were not willing to take on, creating jobs, improving society, and spearheading vital technological developments and research in the process. He was successful because his approach was one that government will never be able to replicate—an approach of creating based on ambition, curiosity, and responding to the demands of the market rather than a mandate or policy.

This article was originally published on FEE.org. Read the original article.

Image: jurvetson on Flickr

The post Elon Musk Took a Risk on Clean Energy and It Paid Off. appeared first on The Libertarian Republic.

The talk of Wall Street is Tesla, just recently added to the S&P 500 Index, that has far surpassed their share price prior to the pandemic selloff. 

Bitcoin as well has re-emerged in 2020 as a heavyweight. Bitcoin’s rally of 2017 ended just shy of $20,000 and collapsed back down to $3,000. Bitcoin began gaining some momentum again in 2019, and in 2020 bounded to new record highs as cryptocurrency has become popular again, this time with corporate investors taking interest who now hold $30 billion in Bitcoin. 

Tesla CEO Elon Musk himself tends to make nods to cryptocurrency, at times Tweeting memes that promote DogeCoin that have caused Doge buying frenzies.

Both Tesla and Bitcoin have had an excellent run in 2020, but which came out on top for the year?

To answer this question, I will be using the 1 year history view from Robinhood, a free trading app that allows you to invest in both stocks and cryptocurrency. 

Robinhood also gives new users 1 free share of random stock from their inventory to get started when you join using this referral link.

NOTE: As Bitcoin trading never closes for the day like stocks do, and the value fluctuates by the second 24 hours a day, the price of Bitcoin at the time of the article publishing will likely differ from the current price at the time you read this. By a little or a lot. Who knows.

We’ll do a couple rounds here between Tesla and Bitcoin. We’ll see who won the day for New Year’s Eve, who won the week, who won the month, who won the last three months, and finally who was the overall winner of 2020.

ROUND 1: NEW YEAR’S EVE

Tesla closed at a record high today of $705.67, but drifted slightly to $704.80 in after hours trading, ending at about 1.5% up for the day.

Bitcoin, which I stamped when after hours trading ended, finished the day about 0.6% down. But I suppose with Bitcoin there’s still time to catch up as it never stops trading.

But for the sake of fairness since Tesla had to stop trading, Tesla is hereby the New Years Eve winner.

ROUND 2: THE WEEK

For the last trading week, Tesla is a healthy 4.5% up. 

Bitcoin for the week has seen even larger increases, seeing a 22.47% growth.

Bitcoin is the clear winner of the week.

ROUND 3: THE MONTH

For the last month, Tesla is up a roaring 17.94%.

For that same time period, Bitcoin is up a whopping 47.31%.

Bitcoin clearly wins for the month.

ROUND 4: THREE MONTHS

During the 4th Quarter of 2020, Tesla is up an astounding 67.26%

For the same Quarter, Bitcoin has climbed a phenomenal 172.85%

Bitcoin was the undisputed champion for Q4.

ROUND 5: THE YEAR 2020

For the entire year of 2020, Tesla has climbed a supreme 770.12%.

For the entire year of 2020, Bitcoin has climbed a cool 305.1%.

While Bitcoin has made some great strides, particularly during the last Quarter, it was relatively static during those first nine months of the year whereas Tesla was constantly rising.

Tesla has dominated the overall year in growth, and Tesla is hereby the Champion of 2020.

However if Bitcoin can keep up the current rate of growth, 2021 may have a different winner.

The post Bitcoin vs Tesla: Who Won 2020? appeared first on The Libertarian Republic.

That all changed when the tribe was connected to SpaceX, whose Starlink satellite manufacturing is based in Redmond, WA.

SpaceX was founded by Elon Musk, and is the first private space company to send astronauts into space.

The Starlink Program aims to provide high-speed internet to remote locations via a satellite network. The Hoh Tribe found themselves in a tough situation during COVID-19, not having the internet bandwidth access necessary for remote learning or telemedicine.

That’s where SpaceX stepped in and brought the Hoh Tribe into their Beta Testing program.

Watch the interview with Ashue below that he is able to actually conduct via online video conference thanks to SpaceX:

The Hoh Tribe took to Twitter to express their gratitude for being provided the access to Starlink Internet which changed their lives overnight.

Elon Musk responded back.

According to the Hoh Tribe, they were previously receiving, on average, less than 1MBPS download speed prior to being given access to Starlink.

The post SpaceX Provides Starlink Internet To Remote Native American Tribe appeared first on The Libertarian Republic.

Scientists in Japan are making significant progress towards bringing back the Woolly Mammoth.

Libertarians enjoy having conversations about owning Recreational McNukes, but for some of us, a Recreational McPachycephalosaurus is far more practical.

Who better to make such a dream a reality than Elon Musk? Musk has his name in a number of ventures such as Tesla, SpaceX, Hyperloop, and Neuralink. Is Elon an expert in every facet of these projects? Not even close. Musk however can do 4 critical things.

1) Gather the right people for a team who can innovate.

2) Bring down the cost of innovation.

3) Set benchmarks.

4) Meet benchmarks.

No, Musk has not even hinted at this idea as of yet. Sorry to get your hopes up. This is simply me begging.

From autonomous electric vehicles, to commercial space flight, to underground high-speed tunnel travel, to brain chip implants, Musk is quickly bringing the world into the future.

But let’s bring back a little of the past as well. Elon Musk, bring back the dinosaurs. An asteroid is a cheap shot if we’re talking survival of the fittest. Let’s give them another chance. Anyway, it’s 2020—so why not?

The post Could Elon Musk Resurrect The Dinosaurs? appeared first on The Libertarian Republic.