Elon Musk, X.com, PayPal…It All Starts In 1999
• November 1, 2022 7:23 pm • CommentsWe’ve covered Elon Musk and his fascination with the letter “X” many times here at ProCoinNews, and it’s always fascinating to dig up new connections.
The @CroissantEth on Twitter just posted an awesome write up making many connections and tying the story together in a brilliant way.
Here was the entire Twitter thread:
There is some very fascinating stuff going on with Twitter and the recent Elon Musk deal.
Although these circumstances are still a bit speculative, it’s definitely worth digging into.
Here’s what I’ve found… 👀
— 👨🍳.eth (@CroissantEth) October 31, 2022
In 2000, https://t.co/TmQK0tcdJc merged with Confinity, which would later become PayPal.
Elon Musk was then ousted as CEO and replaced by Peter Thiel, but was allowed to keep his shares.
PayPal was acquired by EBay for $1.5B in 2002, giving Elon Musk roughly $175.8M.
— 👨🍳.eth (@CroissantEth) October 31, 2022
So, where does Twitter come into play?
This is where things start to get really interesting.
As you all know, Elon Musk recently purchased Twitter for $44B.
The billionaire registered three holdings companies under the name “X holdings” to complete the acquisition.
— 👨🍳.eth (@CroissantEth) October 31, 2022
Elon Musk describes his plan:
“I have an idea for a blockchain social media system that does both payments and short text
messages/links like twitter”Adding, “the second piece of the puzzle is a massive real-time database that keeps a copy of all
blockchain messages in memory” pic.twitter.com/yrKSoFv8n5— 👨🍳.eth (@CroissantEth) October 31, 2022
Here, Elon Musk details his “Plan B,” also chatting with SBF.
“My Plan B is a blockchain-based version of twitter, where the "tweets" are embedded in the
transaction as comments. So you'd have to pay maybe 0.1 Doge per comment or repost of
that comment.”SBF links a tweet: https://t.co/Tg9OzxdXlm pic.twitter.com/Ub2vKqEf84
— 👨🍳.eth (@CroissantEth) October 31, 2022
The general consensus is that a blockchain based Twitter would alleviate the massive bots & scams issue.
It would also provide a level of censorship resistance unlike any social media app today.
Now, back to https://t.co/TmQK0tcdJc…
— 👨🍳.eth (@CroissantEth) October 31, 2022
When asked about whether he would consider making a social media app of his own, Elon Musk mentioned https://t.co/TmQK0tcdJc https://t.co/L6TrDBx8zC pic.twitter.com/UkXd3tRyi7
— 👨🍳.eth (@CroissantEth) October 31, 2022
If you think this is still too far out to consider, think again.
Twitter is no stranger to crypto.
It has NFT pfps, NFT embeds, & started a decentralized social network back in 2019, named “Bluesky”
A crypto wallet has even been teased. This could be useful for Musk’s vision… https://t.co/XqmUiOPMcx
— 👨🍳.eth (@CroissantEth) October 31, 2022
With all things considered, I think it’s obvious Elon Musk has a very special idea for Twitter.
A decentralized social network at this scale would be revolutionary.
After all, why would Elon purchase Twitter for $44B, if he didn’t have a plan? 🥐
— 👨🍳.eth (@CroissantEth) October 31, 2022
Working Money Channel is also connecting some big dots:
I don't think anyone can deny @elonmusk is looking to adopt payments on @Twitter. Consider his history with X(.)com, @PayPal, @peterthiel and allegedly @chrislarsensf through the X domain transfer, could it be? 🧐 #XRPcommunity #XRPLedger $XRP
📺 WATCH https://t.co/2IxsS9DQYK pic.twitter.com/w1aA4sIBAL— Working Money 💰 (@WorkingMoneyCH) November 1, 2022
Full video here:
It’s X.
It always has been X.
And that means…XRP and XLM.
Want to go deeper?
Here’s more:
Elon Musk: Purchasing Twitter Will Accelerate “X” By 3-5 Years!
Elon Musk sure does love the letter “X”.
He named a kid X.
He named a car X.
He named a couple companies X.
I’ll explain all of that in more detail below…
But for now we have to talk about his latest reference to X.
And it has to do with Twitter.
Oh, and did I mention #XRP starts with “X” and Elon was the founder of the Paypal Mafia?
Just a huge coincidence, I’m sure.
But I’m getting ahead of myself again.
We’ll cover all of that here in just a minute below.
But the big news of the day is Elon Musk suddenly doing an about-face (which we predicted — All The World’s A Stage?) and agreeing to buy Twitter and close immediately for the originally agreed-upon price.
Game-set-match. Checkmate!
The news took everyone by surprise.
But what Elon posted afterwards is what really has my attention.
Take a look:
Buying Twitter is an accelerant to creating X, the everything app
— Elon Musk (@elonmusk) October 4, 2022
Really, Elon….you don’t say?
You want to create “X” — the Everything app?
What an interesting name!
He wasn’t done.
Later in the day he said buying Twitter accelerates his plans by 3-5 years:
Twitter probably accelerates X by 3 to 5 years, but I could be wrong
— Elon Musk (@elonmusk) October 4, 2022
Our friend XRP Crypto Wolf was all over it:
#XRP starts with an X just saying Elon 😂
— XRPcryptowolf (@XRPcryptowolf) October 4, 2022
Exactly right!
And you gotta love this meme video posted by yzy.eth:
Elon Musk rushing to Twitter headquarters to give everyone back free speech
— yzy.eth (@LilMoonLambo) October 4, 2022
Elon explains a bit more what “X” might be in this clip:
And now if you haven’t been following the connection between Elon and X, please allow me to indulge you.
This might blow your mind…
Elon Musk’s Connection To “X” and XRP — EXPOSED
With Elon Musk dominating the news and especially the Twitter news, I thought it was a good time to re-examine his origins in the online payments space, his connection to the letter “X”, and his many connections to “XRP”.
Shall we dig in?
To begin, let me just say flat out that Elon Musk is one of my favorite people on the planet.
Endlessly fascinating, endless value to society, endless creativity!
And now we know he’s pro-Free Speech.
That’s a good guy in my book.
In the crypto world, he’s well known for supporting DOGE coin, but it’s never totally made sense.
The smartest man on the planet is supporting a meme coin?
I want to take a moment and ask a question: what if the Digital Asset Investor is right and “all the world’s a stage”?
What if Elon’s fling with DOGE and all the Mainstream Media attention to BTC and ETH is just to keep you distracted while the real deal was going down?
It’s not as crazy as it might sound, and the more you look behind the curtain the more dots seem to suddenly start connecting….
Let’s take a deeper look….
Did you know Elon seems to have a fascination with the letter “X”?
Many people may not know he purchased and founded X.com which later was rebranded into PayPal:
https://twitter.com/SeptembersRain/status/1472013298740645888
In February 2004, via a US$6.5 million investment, https://t.co/RYIk1yTjkF co-founder Elon Musk became the largest shareholder of the company and its chairman. https://t.co/h4RuJmTHwY. Is this sound familiar? #GME $GME
— Call Me Mo (ASS) (@Mo_Hrmz) December 17, 2021
Then he moved on to space and there’s that letter again in SpaceX:
Elon Musk the Investor:
✅ Tesla (TSLA)
✅ SpaceX
✅ https://t.co/RzuMkwOrk1 / PayPal (PYPL)
✅ The Boring Company
✅ DeepMind
✅ Zip2 Corporation
✅ Neuralink
✅ SolarCity
✅ NeuroVigil
✅ CryptocurrencyJust to name a few.
Put some "respeck" on his name @elonmusk https://t.co/7jRGZdYQY8— Charlie Villanueva cvbelieve.eth (@CVBelieve) December 13, 2021
Oh and what about Tesla you ask?
Well they just so happen to have a “Model X”:
Tesla Motors Has Announced the Long-Awaited Tesla Model X SUV http://t.co/T42RsE791z pic.twitter.com/lQeirgdOve
— Laughing Squid (@LaughingSquid) September 30, 2015
Ok, ok….now I understand one letter does not a connection make.
But it’s interesting and it’s only our starting point.
Then we move beyond companies to his kid, who he named what else but X (and some other letters I don’t quite know how to type on the keyboard):
Baby X Æ A-12 and @elonmusk accepting the Person of the year award. @TIME pic.twitter.com/O9BxNeUQm6
— Tesla Owners Silicon Valley (@teslaownersSV) December 14, 2021
This was hilarious:
https://twitter.com/PipingDilatPH/status/1470659356241063938
Now let’s go back to PayPal…
Given his work at Tesla, SpaceX, The Boring Company, Neurolink and everything else, it’s easy to forget Elon got his start in the PAYMENTS industry (PayPal).
Don’t forget that.
Have to give credit to the Digital Asset Investor for being on this many months ago, and reminding us all of something called PayPal Galactic:
What Happened To @paypal Galactic? Last heard from in 2013. pic.twitter.com/nYGiqhg6EI
— Digital Asset Investor (@digitalassetbuy) August 20, 2021
And this:
"When private companies are building a new economy beyond our planet." Can you say intergalactic currency? Remember PayPal Galactic? Remember where @elonmusk started? Now @SpaceX Bitcoin is a distraction. All Planned. https://t.co/OyTvpqufaY
— Digital Asset Investor (@digitalassetbuy) June 17, 2021
And this:
Reminds me of this: pic.twitter.com/tOSG4aDNx7
— Digital Asset Investor (@digitalassetbuy) June 17, 2021
From Phys.org, talk of the first “intergalactic currency” started back in 2013 and was all about PayPal:
Earthbound financial transactions service PayPal launched a quest for an intergalactic currency, saying it is time to figure out what space travelers will use as cash.
“The time has now come for us to start planning for the future; a future where we aren’t just talking about global payments,” said PayPal president David Marcus. “We are expanding our vision off earth into space.”
PayPal Galactic Initiative will be formally unveiled Thursday at the SETI Institute campus in the Silicon Valley city of Mountain View, with attendees to include famed alien seeker Jill Tarter and former US astronaut Buzz Aldrin.
The initiative, headed by PayPal, aims to bring together parties with roles to play in the commercialization of space to explore a framework for a financial system that spans galaxies.
You know who else was in the “PayPal Mafia” back in the very early days?
Big time XRP investor Peter Thiel.
Here he is back in 1999:
Peter Thiel, cofounder of @PayPal (with @elonmusk ) In 1999. This was planned long ago. @paypal Galactic announced in 2013.(Nobody has heard anything about it since) Same year Thiel's Founders Fund invests in @ripple to "Build a Better Bitcoin". Internet of Value. pic.twitter.com/haoKiTPDSQ
— Digital Asset Investor (@digitalassetbuy) May 21, 2021
Meet Luke Nosek. PayPal Mafia Member. He was also at the Founders Fund with Peter Thiel (PayPal Mafia Member) In 2013 When They Invested In @ripple PayPal Galactic has not been mentioned since 2013. This clip is from the WEF In Davos 2019👀👀👇👇👀👀👀👇👇👀👀 pic.twitter.com/VN2W5dQE3N
— Digital Asset Investor (@digitalassetbuy) May 8, 2021
Let’s recap: you have the richest man and likely smartest man on the planet with his roots in the payments industry, obsessed with the letter X, starts talking about “PayPal Galactic” but then that suddenly disappears as XRP is created, a man all about energy efficiency and saving the planet…..and then we take a hard left turn and he’s into DOG-COIN?
Really folks?
Now let’s add one more connection that is almost too irresistible….
Of all the people/companies in the world, who are the first two that come to mind that hate the SEC?
Bingo:
“I do not respect the SEC”
-Elon & XRP Holders https://t.co/MVZS7Bv9PV— MrUseCase (Zerpaverse)🌎🇺🇸 (@MrUseCase) December 13, 2021
If you think this article is all pure speculation….it is, except it’s not just me.
Others are beginning to make the connection.
Like XRP Bush:
my opinion only.
Elon has held XRP for a very long time.
Simply does not add up that he does not.
Connect the dots.
Way too obvious imho
Cheers~Rob, Venice Island https://t.co/rbBpJnq01n— XRP BUSH (@bush_xrp) December 15, 2021
And XRP Daddy:
@elonmusk knows a lot about finances, he was apart of the PayPal mafia.
He knows about @Ripple and $xrp
— XRP Daddy🌙 (@xrp_daddy_) December 18, 2021
And Mason Versluis:
Can't wait until Elon is not distracting us and talking about bullshit like #dogecoin
Can't wait until he is talking about $HBAR and $XRP and other green energy coins that have the potential to revolutionize the payments system & internet. https://t.co/vVg9qRyBcl
— MASON VERSLUIS 🏆🔮 (@MasonVersluis) December 13, 2021
And of course DAI who has been on this story for a long time:
Hey @elonmusk Justice goes both ways. Jay Clayton has a lot of explaining to do in giving Ethereum a Free Pass while all of crypto has been in purgatory. Please help us bring this to light. One tweet from you blows this story sky high. Thanks for the idea. @Leerzeit pic.twitter.com/7bxZAY3zla
— Digital Asset Investor (@digitalassetbuy) December 17, 2021
And now as people are connecting the dots and realizing that Elon hates the SEC as much as all the XRP holders who have been harmed by the SEC, calls are growing for Elon to get involved and blow the story wide open:
Like this rare non-satire Tweet from XRP the Standard Productions:
Hey @elonmusk, we’re getting railed by @SenWarren’s friend @GaryGensler and the @SECGov.
Wanna help us fight them?
Tweet one thing in support of #XRP.
That’s all we ask.
— XRP the Standard Productions (@XRP_Productions) December 15, 2021
And Stefan Huber:
Dear @elonmusk Jay Clayton forced you to resign as CEO of #Tesla because you allegedly manipulated the market. Now it turns out that the chairman of the SEC who took action against you was himself manipulating the market. Now we caught him lying & covering up his ties on @CNBC https://t.co/0LhnEtfgZp
— stefan huber 🔥🦅🔥 (@Leerzeit) December 17, 2021
And the Spanish Billionaire:
Yes @elonmusk a billion dollar task force to investigate and expose #CORRUPTION in government what a great way to spend money I’d focus on the @SECGov first of all https://t.co/4XN8NCxwsr
— Spanishbillionaire (@motisxrp) December 19, 2021
And Mark:
Come on @elonmusk help the little guy against corruption @SECGov https://t.co/baJsFnXGX9
— Mark – GaryGenslerResign (@xrpcoupe74) December 17, 2021
And my man Crypto Bull:
I would love for @elonmusk to support the #XRP community. I think he more than most understand how corrupt the SEC is!
— CryptoBull (@CryptoBull2020) December 17, 2021
If you want to go much deeper on this, the Digital Asset Investor put together an awesome video about a year ago doing a deep dive that is really worth your time.
Enjoy:
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