Monday, 7 June 2021

Video: Anonymous Threatens Elon Musk Over Cryptocurrency Actions

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Video: Anonymous Threatens Elon Musk Over Cryptocurrency Actions

Anonymous affirms that even though Musk has "positioned himself as concerned about the environment with Tesla's pivot away from Bitcoin, priced in India at 9:35am at roughly Rs. 26.5 lakhs he doesn't practice what he preaches within the company itself- hurling many allegations against him and Tesla''s practices at large," TMZ reported.

Musk, recently announced that the company has stopped accepting Bitcoin as payment for its cars out of concern- that it will contribute to greater consumption of fossil fuels.

The business magnate and SpaceX founder shared a statement on Twitter on Wednesday about the same. Tesla had only just started accepting Bitcoin in late March.

The 49-year-old industrial designer also said that Tesla will no longer sell any more of the $1.5 billion (roughly Rs. 10,940 crores) stashes of Bitcoin it purchased earlier this year. Tesla sold some of that Bitcoin in the first quarter of 2021, which wound up helping pad the company's quarterly profit figures.

Elon has also hyped another cryptocurrency, Dogecoin, which Tesla has not invested in. He has called Dogecoin, priced in India at 9:40am IST today at roughly Rs. 28, which was invented as a joke to satirize Bitcoin, his favourite cryptocurrency and "the people''s crypto."



 

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