Just because he sold his bitcoins and we rely on that to say he doesn't support crypto, is that fair? If one day MicroStrategy and el salvador sell bitcoin and take profit, do we say they don't support crypto either?

The goal of all of us when entering this market is to seek maximum profit and anyone who has the ability to buy has the right to sell. We cannot criticize someone if they sell a large amount of bitcoins to the market and cause a market crash, because that is very normal in the financial market. Just like what's happening in the stock market, Warren Buffett has been selling Apple and BofA shares repeatedly to make a profit. Does that mean he is not pro-stock market?

To put it bluntly, Elon's way of making profits is not like ours. He uses power and money to manipulate the market in his favor while we cannot do those things. From then on, many people felt it was unfair, felt uncomfortable, and started hating him for the reasons we gave.

By the way, as far as I know, in addition to owning Doge, Tesla and Spacex still hold quite a bit of bitcoin, they haven't sold all of their bitcoins.



https://news.bitcoin.com/on-chain-analysis-reveals-tesla-has-11509-bitcoins-and-spacex-owns-8285-btc-says-arkham/