Musk describes NFTs as web links for images, while SBF reviews interest in investing in Twitter: "I'm still wondering who he is."
Tesla founder Elon Musk made a long-awaited return to Joe Rogan's podcast, where the two engaged in a conversation that lasted over two hours.
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Artist Creating a Deity? Musk Exclaims: Caroline Looks Like She's Melting
Joe Rogan first mentioned SBF's recent situation, pointing out that an artist created a painting of SBF in court, portraying SBF as having lost 30 pounds, looking as handsome as a supermodel.
Initially skeptical, Musk burst into laughter upon seeing the image. Joe Rogan then presented Caroline Ellison's painting and remarked: "Look at what they did to this girl."
Musk then exclaimed:
Caroline looks like she's melting.
Joe Rogan commented on this:
I think Caroline seems quite emotionally down, and I believe the creator wanted to express the atmosphere of both in court, where Caroline had to betray her boyfriend and plead guilty for a reduced sentence.
Musk: SBF's PR Team is Impressive
Musk mentioned that he doesn't know who is on SBF's PR team, but their performance is remarkable. This puzzled Joe Rogan.
Musk explained:
This guy has cut so much money from everyone, yet still gets strong media support. I've read some articles about him, all completely misunderstand the definition of philanthropy, it's absurd.
Musk's Bs Detector
Joe Rogan mentioned that initially, SBF claimed to want to invest together before Musk acquired Twitter, but Musk's Bullshit Detector sensed something was off.
Musk said:
I really didn't know much about SBF at the time. I was wondering who this person is and what he does. He's in the Bahamas? That's really suspicious; some financial institutions in tropical island countries have had terrible records, and being in the crypto industry, scams are prevalent.
Musk commented on SBF: When he wanted to invest in Twitter, I just didn't have a good feeling about 3 billion dollars.
Joe Rogan: NFTs are Almost All Scams, Except Beeple
Joe Rogan emphasized that he doesn't believe all crypto is scams, there are distinctions, for instance, about 80% of NFT projects are scams, except for digital art creator Beeple.
Musk also agreed that Beeple's work is great.
Beeple also expressed gratitude on Twitter for their recognition.
Thanks for shoutout @elonmusk
sorry for the night terrors!! ๐ #gigachad pic.twitter.com/TGe2inLTKfโ beeple (@beeple) October 31, 2023
Musk: NFTs are Like URLs
Musk continued to comment on NFTs:
What I find funny about NFTs is that NFTs don't even exist on the blockchain themselves; they are just like a URL of a JPEG file. At the very least, encode the image on the chain too, right? Because if the company hosting the image goes down, you no longer own the image.
I've never been able to understand NFTs.
Musk's comment was wildly retweeted by supporters of the Bitcoin Ordinals protocol, believing it to be bearish on the current mainstream form of NFTs.
Note: Musk did not say "Iโm bullish on Ordinals, not NFTs".
Elon Musk: "I'm bullish on Ordinals, not NFTs"
โ Ordinals Wallet (@ordinalswallet) November 1, 2023
Tesla Cybertruck Shows Its Strength
Although the crypto community is concerned about Musk's comments on crypto, what may have caught the most attention on the show this time could be Joe Rogan's strength test on the Cybertruck.
Joe Rogan's arrow broke, but the Cybertruck showed almost no signs of damage.
Musk replied that the Cybertruck doors are bulletproof against almost all subsonic bullets.
The door panels are bulletproof to almost all subsonic projectiles
โ Elon Musk (@elonmusk) November 1, 2023
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