How Elon Musk Crashing Bitcoin To Grow Dogecoin Is A Silly Move

Following Tesla’s latest decision to halt the receipt of Bitcoin as payment for its electric cars, Elon Musk has come under intense fire across the global crypto community for wielding his strong market influence in a negative predatory manner.

Elon who broke the news via his personal Twitter handle cited high fossil energy concerns in the light of climate change as the principal reason for reversing Tesla’s bitcoin acceptance.

Is Elon A Hypocrite?

Saifedean Ammous – the famous author of the crypto bestseller, The Bitcoin Standard, took to Twitter in response to Elon’s tweet wasting no time to pronounce the Dogefather, a clueless hypocrite.

But Why?

For obvious reasons.

First off, Elon’s never been a shining example of the so-called climate change vanguards. He just can’t start today. His non-retail high-end SpaceX rockets most likely consume more fossil energy than Bitcoin mining and transaction does. There’s also a hundred-ton load of used Tesla lithium-ion battery daily adding to soaring emission levels due to the nature of the process for their recycling, but as it appears Elon’s probably virtue signaling and Bitcoin is his soft target.

In the end, Elon Musk’s Tesla and SpaceX may not be able to boast of the