Is Elon Musk Shilling Bitcoin Again? See New Meme He’s Just Published

Is Elon Musk Shilling Bitcoin Again? See New Meme He's Just Published

Tesla CEO, centibillionaire Elon Musk has taken to Twitter to share another meme with his followers.

The picture speaks of lack of trust to the government and a “wife” preventing her “husband” that has had eight beers from expressing it.

Some in the comments have assumed that this could mean one thing – Elon Musk has sort of resumed touting Bitcoin once again as BTC is the peer-to-peer payments system that is opposed to the government and the financial system based on fiat money and banks.

Of course, people started sending Musk memes related to Dogecoin and its offshoot SHIBA.

Elon Musk is known to be the biggest Dogecoin fan and influencer, however, earlier this year he announced that he was a Bitcoin holder. Later on, Tesla started accepting Bitcoin payments and suspended them when Musk stated that BTC mining was not green enough.

During the B-Word online conference this Wednesday, Tesla CEO confirmed that he himself holds BTC, ETH and DOGE and Tesla with SpaceX have Bitcoin on their balance sheets. None of them are going to sell their Bitcoin.

Related

Bitcoin Exchange Supply Hits 18-Month Low, Decreasing Sell-Off Risk: Santiment

Musk also told Jack Dorsey during this Zoom conference that Tesla may resume accepting Bitcoin soon If “due diligence is done” by Bitcoin miners.

Initially, the centibillionaire stated that Tesla start accepting Bitcoin payments again if BTC mining becomes at least 50 percent based on renewable energy. According to the recent report by the Bitcoin Mining Council, 56 percent of mining already uses green energy.

Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

Is Elon Musk Shilling Bitcoin Again? See New Meme He’s Just Published

Is Elon Musk Shilling Bitcoin Again? See New Meme He's Just Published

Tesla CEO, centibillionaire Elon Musk has taken to Twitter to share another meme with his followers.

The picture speaks of lack of trust to the government and a “wife” preventing her “husband” that has had eight beers from expressing it.

Some in the comments have assumed that this could mean one thing – Elon Musk has sort of resumed touting Bitcoin once again as BTC is the peer-to-peer payments system that is opposed to the government and the financial system based on fiat money and banks.

Of course, people started sending Musk memes related to Dogecoin and its offshoot SHIBA.

Elon Musk is known to be the biggest Dogecoin fan and influencer, however, earlier this year he announced that he was a Bitcoin holder. Later on, Tesla started accepting Bitcoin payments and suspended them when Musk stated that BTC mining was not green enough.

During the B-Word online conference this Wednesday, Tesla CEO confirmed that he himself holds BTC, ETH and DOGE and Tesla with SpaceX have Bitcoin on their balance sheets. None of them are going to sell their Bitcoin.

Related

Bitcoin Exchange Supply Hits 18-Month Low, Decreasing Sell-Off Risk: Santiment

Musk also told Jack Dorsey during this Zoom conference that Tesla may resume accepting Bitcoin soon If “due diligence is done” by Bitcoin miners.

Initially, the centibillionaire stated that Tesla start accepting Bitcoin payments again if BTC mining becomes at least 50 percent based on renewable energy. According to the recent report by the Bitcoin Mining Council, 56 percent of mining already uses green energy.

Disclaimer: The opinions expressed by our writers are their
own and do not represent the views of U.Today. The financial and market information
provided on U.Today is intended for informational purposes only. U.Today is not
liable for any financial losses incurred while trading cryptocurrencies. Conduct
your own research by contacting financial experts before making any investment
decisions. We believe that all content is accurate as of the date of publication,
but certain offers mentioned may no longer be available.

Leave a Reply

Your email address will not be published. Required fields are marked *