Bitcoin`s worth tumbled after Elon Musk stated on Wednesday his electrical automotive maker Tesla Inc would now not settle for the cryptocurrency for purchases, citing environmental issues for the reversal.
Here are a few of Musk`s feedback on bitcoin and different cryptocurrencies like Ether and Dogecoin, a few of which moved the digital property` costs:
Nov. 27, 2017: Musk denies a concept he’s Satoshi Nakamoto, the pseudonymous creator of bitcoin, tweeting https://twitter.com/elonmusk/status/935329447594541056, “Not true. A good friend despatched me a part of a BTC a couple of years in the past, however I do not know the place it’s.”
Feb. 22, 2018: Musk tweeted https://twitter.com/elonmusk/status/966602470431473664?lang=en: “I literally own zero cryptocurrency, apart from .25 BTC that a friend sent me many years ago.”
Oct. 22, 2018: Musk quickly misplaced Twitter entry after tweeting https://twitter.com/elonmusk/status/1054520588734058496, “Wanna buy some bitcoin?”
Feb. 19, 2019, Musk referred to as bitcoin`s construction “quite brilliant” on a podcast https://ark-invest.com/podcast/on-the-road-to-full-autonomy-with-elon-musk with ARK Invest`s Cathie Wood. “But, I`m not sure it`s the best use of Tesla`s resources to get involved in crypto. We`re really just trying to accelerate the advent of sustainable energy, and it`s like, quite energy intensive.”
April 2, 2019, Musk tweeted https://twitter.com/elonmusk/status/1113009339743100929?lang=en: “Dogecoin might be my fav cryptocurrency. It`s pretty cool.”
April 29, 2019, Musk tweeted https://twitter.com/elonmusk/status/1123034747460972545?lang=en: “Ethereum,” and, “jk.”
May 15, 2019, Musk tweeted https://twitter.com/elonmusk/status/1261416824459030529, in response to “Harry Potter” writer J.Ok. Rowling, “… massive currency issuance by govt central banks is making Bitcoin Internet money look solid by comparison,” and, “I still only own 0.25 Bitcoins btw.”
July 2, 2020, Musk responded to “Star Trek” actor William Shatner with, “I`m not building anything on ethereum. Not for or against it, just don`t use it or own any.”
July 17, 2020, Musk tweeted https://twitter.com/elonmusk/status/1284291528328790016?lang=en a meme implying Dogecoin would change into the commonplace of the international monetary system, “It`s inevitable.”
Dec. 20, 2020, Dogecoin soared after Musk tweeted https://twitter.com/elonmusk/status/1340590280848908288?ref_src=twsrc%5Etfw, “One word: Doge.”
Dec. 20, 2020, in a Twitter https://twitter.com/elonmusk/status/1340678358456274948?lang=en alternate with MicroStrategy Inc Chief Executive Michael Saylor, Musk asks about changing “large transactions” of Tesla`s steadiness sheet into bitcoin.
Jan. 29, Bitcoin spikes after Musk provides #bitcoin to his Twitter bio, tweeting https://twitter.com/elonmusk/status/1355068728128516101?lang=en, “In retrospect, it was inevitable.”
Feb. 1, Musk says on social media app Clubhouse he helps bitcoin, which was “on the verge of getting broad acceptance” and that he was “a little slow on the uptake.”
Feb. 4, Dogecoin surged greater than 60% after Musk tweeted https://twitter.com/elonmusk/status/1357241340313141249 “Dogecoin is the people`s crypto.”
March 2, Musk tweeted https://twitter.com/elonmusk/status/1366808202701012995?lang=en, “Scammers & crypto should get a room.”
March 12, Musk tweeted https://twitter.com/elonmusk/status/1370449101402353669, in reference to his tunneling firm, “BTC (Bitcoin) is an anagram of TBC(The Boring Company) What a coincidence!”
March 24, Musk tweeted https://twitter.com/elonmusk/status/1374617643446063105: “You can now buy a Tesla with Bitcoin,” and “… Bitcoin paid to Tesla will be retained as Bitcoin, not converted to fiat currency.”
April 1, Musk tweeted https://twitter.com/elonmusk/status/1377567762919292938: “SpaceX is going to put a literal Dogecoin on the literal moon.”
April 15, Musk tweeted https://twitter.com/elonmusk/status/1382552587099062272?lang=en: “Doge Barking at the Moon.”
April 28, Musk tweeted https://twitter.com/elonmusk/status/1387290679794089986: “The Dogefather SNL May 8,” forward of internet hosting Saturday Night Live.
May 7, Musk tweeted https://twitter.com/elonmusk/status/1390522866979033092: “Cryptocurrency is promising, but please invest with caution!”
May 9, Dogecoin tanked after Musk referred to as the cryptocurrency “a hustle” on SNL. Musk tweeted https://twitter.com/elonmusk/status/1391523807148527620: “SpaceX launching satellite Doge-1 to the moon next year – Mission paid for in Doge – 1st crypto in space – 1st meme in space To the mooooonnn!!”
May 11, Musk tweeted https://twitter.com/elonmusk/status/1392030108274159619: “Do you want Tesla to accept Doge?”
May 12, Musk tweeted https://twitter.com/elonmusk/status/1392602041025843203 Tesla would now not settle for bitcoin as a cost, and “Energy usage trend over past few months is insane.”
#mute
