Quote from: DapanasFruit on Today at 09:30:27 AM

Quote from: NeuroticFish on May 14, 2021, 06:15:06 AM

Quote from: acquafredda on May 14, 2021, 06:09:26 AM

If you are on Twitter, tag Elon as he needs to get bombarded.

We know that Elon's narrative on Bitcoin CO2 footprint is weak, at least because Tesla knew all this before buying Bitcoin and before accepting it for car payments.

So imho the fact it's an old narrative taken back up from the dusty vaults it's not of great importance.
Plus, we already know that extrapolations are wrong:

Quote from: NeuroticFish on April 23, 2021, 09:05:40 AM

I fully agree with this. Elon Musk is not some sort of child that will choose a candy at a whim and seconds later will just throw the candy away. I mean he is a genius and I don't think a man of his stature will decide on anything without considering all the factors - and with Bitcoin he must have known that some people are questioning the energy involved in mining the coin. And now he is pretending to have some sort of buyer remorse, and yet he is hodling on to the Bitcoin they already have -- and it is because even if he thinks that Bitcoin is bad for the environment he is sure it is good with business and making good profits. In other words, we are witnessing a man who is a hypocrite at the very least. People who in cryptocurrency must stop following this man and must stop the kind of influence he is wearing.

IMO I believe for that part, Elon musk must have taken profits off the Bitcoin he bought because I don't suppose he would be doing this knowing fully well that it will result negatively to Bitcoin price and still hold.
On the other hand, I thought the same thing too, Is it that Elon Musk is saying that an organization like Tesla and himself did not know all the details involved in Bitcoin mining or rumored surrounding Bitcoin in terms of energy consumption for mining before making that decision? IMHO, I believe that Elon did this just to show how much he can manipulate the market to his own advantage since there have been studies that have also shown that Bitcoin mining doesn't really consume what is been claimed.