Musk on Crypto: “Some Have Value, Most Are Scams”
That’s a shift or maybe not.
During his case involving OpenAI, Elon Musk was asked to explain crypto simply.
His answer?
Some are real.
Most aren’t.
Context matters.
Early on, OpenAI even considered raising funds via an ICO, something Musk is now being questioned about.
But here’s the contrast:
Musk previously:
Backed crypto publicly
Drove attention to Dogecoin
Led Tesla to buy $1.5B in Bitcoin
Then?
Tesla sold ~75% of its BTC in 2022.
Still holds ~11,500 BTC today.
Even after impairment charges
That position is still worth hundreds of millions.
This isn’t anti crypto. It’s selective conviction.
The real question:
Are you holding signal or just following noise?
#StrategyBTCPurchase #bitcoin $PIEVERSE $CHIP #cryptofirst21
