Is Fredi9999 Elon Musk?
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Dec 31
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Is this Trump whale on Polymarket Elon Musk?

https://polymarket.com/profile/0x1f2dd6d473f3e824cd2f8a89d9c69fb96f6ad0cf?tab=positions

Resolves YES if sufficiently strong evidence made available by EOY.

Examples of sufficiently strong evidence (non-exhaustive):

  • elon musk tweets out that the account is run by him/funded by him

  • people close to elon musk say the account is his (e.g. the All-In Podcast people)

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Freddi9999 is @SteveSokolowski cashing in the NVDIA stock and moving on this his next great investment.

bought Ṁ50 YES

From someone who isn't familiar with polymarket values, is dollars here real dollar or something like Mana? How much hard cash is used in this account?

@TheWabiSabi it's real USD (technically, a cryptocurrency that's tied 1:1 with real USD). So, their currently-held positions are worth ~6.8 million USD.

@jim thank you, so if he wins he wins crypto which he or she could convert easily to real USD?

@jim And does that mean that someone somewhere is holding the equivalent of all issued tokens in liquid USD reserve?

@Pjfkh No. I think they promise that plenty of USD is held liquid and much is held in low-risk investments.

But, obviously, one should not trust this to be true.

@jim Thanks! And indeed, we all remember Tether’s fraudulent claims. If there’s any duration mismatch or risk (without alternate credit agreements or lines) then it’s not actually fully backed.

@Pjfkh tether is another story. USDC is all cash equivalents, only short dated treasuries and the like. See https://www.circle.com/en/transparency

The Circle Reserve Fund is a SEC-registered government money market fund which holds a portfolio of short-dated US Treasuries, overnight US Treasury repurchase agreements, and cash. For more information visit Circle Reserve Fund.

Arguments for:

The recent tweets around Trump and Pennsylvania about Polymarket (from his personal stenographer "Doge Designer") seem to be timed with large purchases by Fredi. Musk rallied with Trump in Pennsylvania, and has connections to Pennsylvania from his college days.

The join date of the account was June 22nd, a few weeks before Elon officially endorsed Trump. BUT June 22nd roughly lines up to when I was told privately by someone in Republican circles that Elon was getting ready to endorse and donate a ton of money to get Trump elected.

Arguments against:

  • There are many possible people who fit the criteria, lots of wealthy people in tech started reaching out to Trump around May-July 2024