Ep.341 | WHY ELON MUSK MAY BE DISLIKED BY CRYPTO COMMUNITY TODAY

In this video-based podcast episode, I discuss Bitcoin, Dogecoin and the recent tweet that Elon Musk posted about Tesla not accepting bitcoin because he didn't wish to promote fossil fuel which is what is used to create bitcoin which is not entirely true since Bitcoin is considered very efficient when produced in masses since it is normally produced in areas where hydro energy is used and it is more efficient than many machineries used in the world today. Moreover, I discuss why he is disliked by the Bitcoin community as it looks like he is trying to boost crypto coins as he purchases them and then criticizes them once they go up for his own profits. Many have coined him as a scammer of crypto for these very actions and many have lost trust in Bitcoin for this reason, because they think that Elon Musk is abusing his social platform "Twitter" power to fluctuate crypto in his favor while he attains it. I am a huge fan of Elon Musk so I don't condemn his actions or praise but I do think that he should not make statements about crypto if he is going to retract them at a future time, just for the sake of his constituents and their love for him. Enjoy!!!

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- Ari Gold

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