So you are contradicting what Luke Nosek, the co-founder of PayPal, said?
Luke: "Many people don’t know this, but the initial mission of PayPal was to create a global currency that was independent of interference by these, you know, corrupt cartels of banks and governments that were debasing their currencies.”
Why should we believe you and not the person who created PayPal?
Elon was working on a digital bank, not a global currency. His company was failing miserably.
Confinity, who made PayPal, and had a first version working, merged with them.
Elon gets no credit for a 'global currency' idea (nor do I think he and Thiel invented Bitcoin[1]), because Confinity was already working on that idea when they merged and became PayPal properly, in the four months before he was ousted.
My argument was that Elon wasn't all about the global currency.
[1] And Elon definitely didn't invent BitCoin. His ego would never permit him to have kept that a secret for a month, let alone a decade plus.
The PayPal mafia (Musk, Nossk, Thiel, Levchin, Sacks, and the rest) spent years working closely, obsessing over banks, money, payments, and how to move value on the internet, questioning everything: What is money? Who controls it? How do you make it more efficient, global, and digital?
Luke: "Many people don’t know this, but the initial mission of PayPal was to create a global currency that was independent of interference by these, you know, corrupt cartels of banks and governments that were debasing their currencies.”
Why should we believe you and not the person who created PayPal?
https://finance.yahoo.com/news/paypal-originally-aimed-creat...