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A comment on $365B wiped off cryptocurrency market after Tesla stops accepting Bitcoin. Parent comment

Re:$365B wiped off cryptocurrency market after Tesla stops a... by phire on Thursday May 13, 2021 @03:44PM (#27146441)
Sure, his net-worth might be higher if this "tesla dabbling with bitcoin" never happened... but he made those tweets anyway, and any effects on tesla stock happened.

Maybe there was no master plan, but it would be a lot better for his personal net-worth if he went long/short on bitcoin before each tweet.

[ Parent | on HN ]
Re:$365B wiped off cryptocurrency market after Tesla stops a... by robertlagrant on Thursday May 13, 2021 @04:24PM (#27146944)
No it wouldn't. The best thing for his net worth is to make Tesla valuable, and holding loads of Bitcoin while saying Bitcoin's not great is not what you would do if that's your motivation.
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