Text Message | Musk's Rant: Don't panic, Dogecoin collaboration, recharging cryptocurrency faith
This message compiles Musk's scattered tweets on the 14th:
Table of Contents
I Still Believe in Cryptocurrency
Elon Musk, perhaps feeling the heat for not supporting Bitcoin, clarified: "To clarify speculation, I still strongly believe in crypto, but it can't drive a massive increase in fossil fuel use, especially coal."
To be clear, I strongly believe in crypto, but it can’t drive a massive increase in fossil fuel use, especially coal
— Elon Musk (@elonmusk) May 13, 2021
Collaborating with Dogecoin?
Elon Musk also did not deny a deeper involvement with Dogecoin. He said, "Working with Doge devs to improve system transaction efficiency."
Working with Doge devs to improve system transaction efficiency. Potentially promising.
— Elon Musk (@elonmusk) May 13, 2021
What to Do in a Market Crash?
"Don't panic!" was the message in a picture Elon Musk posted.
What to do in a market crash? What about Tesla pausing Bitcoin? What about Dogecoin's drop? Although we don't know what he meant, based on the timing of less than an hour, it could be related to his comments above.
As always pic.twitter.com/gtFmtokzEZ
— Elon Musk (@elonmusk) May 13, 2021
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