BNB $601.39 +2.35%
XRP $1.16 +1.61%
ETH $1,774.55 +2.98%
BTC $65,479.46 +2.20%
BNB $601.39 +2.35%
XRP $1.16 +1.61%
ETH $1,774.55 +2.98%
BTC $65,479.46 +2.20%
BREAKING
Finance News

ELON Musk the CoVid-19 of the Cryptocurrency Space Enough Hysteria and Scamdemic

covid19 crypto Space
Community Trust ScoreVerified
89%
Real
Verified37 votes
Updated 5 years ago

Elon Musk in the past year took four tests for the Wuhan Virus: 2 tests came back positive, 2 were negative. Musk claims ‘something extremely bogus is going on’. Is he right? Whether he is right or not – it just looks like it is his nature to investigate deep down.

However, this one man with his tweet shaking the so-called decentralized cryptocurrency space keeps one wondering what the rest of the investors in the cryptocurrency space do with their brains?

His tweets not only had investors react, almost every leader head of every blockchain came up with a response.  This meant he woke up the top leadership of every blockchain CEOs up.

Anthony Pompliano expressed, “The best investors I know actively ignore what everyone else is doing. Independent thinking is a requirement for outsized returns.”

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Cardano Foundation:  “Cardano x Tesla: An obvious match?”

Ripple is speaking about its Carbon Calculator and about how green and sustainable they are.

Brad Garlinghouse expressed, let’s not overthink this.  Few people have changed the world the way Elon Musk has. No doubt that BTC is here to stay – but denying there is a problem isn’t a path to solving it. Whether it’s through renewables or architectural changes, let’s keep moving on the solution.

Charles Larsen feels it is an incredible move by Elon Musk.

VeChain (VET) claim they are ecofriendly and they are working on solutions to further contributing to green energy industry.

Justin Sun tweeted:  “The great news is at TRON, we’ve built the most energy efficient network for blockchain & crypto transactions w/ precisely way less than 1% of Bitcoin’s energy burn!

Jared Tate retweeted:  Digibyte is the blockchain for Tesla. DGB uses 5 unique mining algos that provide better mining, diversity, security with much less energy. DGB is 40X faster and more scalable with Bitcoin with the transaction fees of less than $0.01. 7.5 years old and truly decentralized Digibyte.org.

Rudy Bouwman, a prominent voice in the DGB community stated:  DGB is a better fit for Tesla.

And despite all the mess in price trends, the hysteric messages from Elon Musk did not stop. Some were like:

Working with Doge devs to improve system transaction efficiency. Potentially promising.  To be clear, I strongly believe in crypto, but it can’t drive a massive increase in fossil fuel use, especially coal.  It is high time there was a carbon tax. Energy usage trend over past few months is insane.

Looks like Tesla and SpaceX do not use any energy at all.

Community Trust IndexHigh Confidence
89%
Real
Real89%11%Fake
37 community signals

Steven Anderson

Steven is a technology-focused writer with a strong interest in emerging digital trends and innovation. With experience spanning both travel and online projects, he brings a global perspective to his reporting and analysis. His work reflects a practical understanding of how technology, markets, and digital platforms intersect, offering readers clear insights into developments shaping the modern tech and crypto landscape.

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