Elon Musk has recently reaffirmed his belief that his accrual of wealth is ultimately for the betterment of humankind after people criticised his new “world’s richest man” title.
In a tweet from 2018, Musk explained that he aims to gain money to contribute to the betterment of society. This tweet thread was posted when Musk was first gaining millions of dollars but the billionaire recently pinned the tweet to his page again.
“About half my money is intended to help problems on Earth and half to help establish a self-sustaining city on Mars to ensure the continuation of life (all species) in case Earth gets hit by a meteor like the dinosaurs or WW3 happens and we destroy ourselves,” says part of the tweet thread.
In addition to explaining his contribution, Musk’s new status has further cemented his resolve to begin a colony on Mars. While many say this will just be an escape hatch for the rich, as Earth slowly begins decaying, Musk said it will be possible for those without the necessary wealth to take out a loan to get to Mars.
He explained they could then work off their debt to the colony. This approach has been pointed out as sounding very much like the indentured servitude seen in South Africa’s Natal colony in the 1800s. Although Musk was born in South Africa his interest in the country is minimal, making it possible he doesn’t see the parallels to this history.
In addition to loan-based labour, Musk has also said that currency at his lunar colony will most likely be in a cryptocurrency form such as a “Marscoin” or even a coin that already exists such as a “dodgecoin”. Musks interest in cryptocurrency has become even more apparent recently, although he doesn’t approve of the biggest coin on the market- Bitcoin.