Post
Topic
Board Bitcoin Discussion
Re: Michael Saylor Told Elon Musk That He Bought Over $ 1.3 Billion In Bitcoin
by
dothebeats
on 22/12/2020, 22:58:22 UTC
Elon is supposedly a bitcoin enthusiast but his recent comment about bitcoin being almost as bad as fiat is disturbing. Has he changed his mind about bitcoin?

Could just be one of his trolling antics. You know his twitter account is filled with those -- not something you usually expect from a tech executive lol.

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As for Michael Saylor asking Elon Musk to convert Tesla assets into bitcoin, it's certainly just him and other investors (like us) that will benefit, and Tesla wouldn't have any of the benefits shared not unless other big names in the industry decided to do the same. At this point, Michael Saylor is treating bitcoin as a ponzi scheme, considering that a supposed domino effect is to happen should Musk considers the thought and actually did that exact thing.

We all know that Musk giving in to Saylor's suggestion is obviously not gonna happen. However, the way the CEO expressed his thoughts regarding Tesla's theoretical bitcoin acquisition plus its possible outcomes is just iffy, making it sound like bitcoin 'inflates' value of a company, completely disregarding what the company has to offer.