What if Elon is crazy like a fox?!
Everyone has jumped on the hating Elon Musk bandwagon, but what if there is a not so terrible agenda here...
By now you have likely heard about the tweet heard round the world...
The one where Elon Musk said his company would no longer be accepting bitcoin as a form of payment due to concerns about its environmental damage.
They would however continue to hodl the bitcoin they do own.
As expected the tweet crashed the price of bitcoin and the crypto market, wiping out some $250 billion worth of value.
This sparked anger and people to scratch their head and wonder what exactly this guy was doing...
Well, here's one explanation...
Anthony Scaramucci went on CNBC and explained how he didn't actually think Elon's move was that bad for bitcoin and crypto, specifically citing this tweet:
(Source: https://twitter.com/Scaramucci/status/1392768178313482241)
So, while Elon's tweet didn't come across as good news for bitcoin it may lead to something else.
According to Scaramucci, that something else will probably be Elon Musk and co getting into super clean bitcoin mining, which in the long run clean bitcoin mining is actually better for everyone.
So, while Elon is the villain in the short term, there may come a time in the future when Elon Musk helps lead the charge on super clean bitcoin mining.
Now that would be interesting to see!
At the moment some seem to think he is going to abandon bitcoin altogether and move to doge and work on making that cleaner and cheaper...
History has shown us that all competitors to bitcoin have been unsuccessful in displacing it.
Dogecoin would be no different.
"You either die a Hero, or you live long enough to see yourself become the Villain"
I almost included that quote in the post. It's simple, yet pretty accurate.
i thought he would sell, right before the post, or tesla would buy more bitcoin right now.
LOL OK, We will see about that , but I am willing to say that never happens. The only way that would every happen is if the government gives him money to do it.
I mean we are talking about a one of the richest men in the world that has to companies that make no money. He relies totally on government money to pay for his failing businesses. Well that and the twats that buy is overvalued stock and make him richer.
True, though keep in mind Amazon lost money for years before it eventually became what it is today. I don't think the TSLA story has fully been written just yet.
Really your going to compare tesla to AMAZON, there is no comparison AMAZON sells millions of products that can be shipped to your home in 2 days , tesla sells electric cars that are supposed to be better for the environment, but lets be honest they are not any better. and SpaceX really who gives a shit it's space it has always been space and it will always be nothing but space, no oxygen = no way to live there.