Do you guys think that he's showing a genuine interest in Bitcoin now? Or is this going to be like Tesla (not) accepting Bitcoin?
I don't trust that the interest is entirely genunine. he knows the fiat system and devaluation well, but he knew it years ago and made a rather botched job with Tesla buying and then selling bitcoin to leter on support Dogecoin.
Here's the link to his tweet:
https://x.com/elonmusk/status/1942028633670848810And yes, I think this is not going to be any different from what we have seen with Tesla in the past.
I guess we can give him credit for not selling Tesla's bitcoin holdings over the years, but he still doesn't strike me as a very pro-bitcoin individual. Maybe he's doing that on purpose, and he's accumulating in silence? Not unlikely, but I highly doubt it.
He sold 75% of Tesla holdings.Tesla held 42,902 bitcoins, but in July 2022 it was announced that they sold 75% of their holdings bringing the company's total down to 10,725.
That dude is where his mouth is, so he dont give a dem about bitcoin he rather divert attention to promoting his shitcoin, and which he did severally when he hard the mic during campaign for Trumps, so let not take this guy joky words seriously.
Time shall tell in the end, but i believe Ellon Musk and Trump are both playing us.