Post
Topic
Board Bitcoin Discussion
Re: Now tell me if you still believe on Elon Musk.
by
South Park
on 28/05/2021, 15:56:11 UTC
According to Tesla, the reason why they are not anymore accepting bitcoin is because of this reason.
Elon Musk says Tesla will no longer accept bitcoin due to fossil fuel use

But this article came out and their study proved that Banking system consumes two times more energy than Bitcoin: Research

So what are your thoughts on this, is Elon still credible that we should follow his tweet?

My personal opinion is that anyone who is really concerned about their finances and wants to succeed in investing - should not follow and do what anyone tweets on the Internet. Or at least not before he did his own research on the information in question from this tweet.

People who have a huge number of followers and have a lot of influence over the masses usually do everything for their own benefit and manipulate people, and cryptocurrencies are one of the things that is influenced by a hell of a lot of speculation and manipulation.
I agree but this was going to happen sooner or later, people of this day have the tendency to follow their favorite artists and people and do whatever they say without even thinking about it, they let themselves be guided by people that do not have their best interests at heart and when this is the case then it is obvious things like this will happen, I just hope that people learn their lesson and this never happens again to them because if it does then I do not know what are they doing in a market that is supposed to be about being completely responsible for your own money.