It’s all
started when Elon Musk Company, ‘Tesla’ Announced that it will Accept the
Payment as Bitcoin for Buying Tesla Cars from their websites, this one
Announcement Sent the Bitcoin Prices to Sky High.
In the
month of May Musk tweeted concerns about consumption of Electricity in Bitcoin
mining and How it’s Affecting the Environment as a whole, this one Tweet Sent Bitcoin
on Tailspin and value of Bitcoin fell from 37K$ to 30K$.
Musk who is
most Vocal on Twitter Tweeted in Support of Doge Coin a Meme Coin which was
Created as a Joke, tweeted “How much is
that Doge in the Window? “This tweet caused the Doggy to reach High to nearly
0.7 Cents from Mere 0.05 Cents.
Crypto
Market is Highly Volatile and more and more Countries are bringing in More
Regulations to Control it, And Since everyday Crypto Prices are fluctuating,
once Should Maintain restrain from Investing Huge Sums of money, only invest
the amount which you are Comfortable losing.
However
there are those who have invested huge sums and Lost due to Market Fluctuations
Blames the tech Billionaire for His Tweets, and Lash out on twitter. One Such
Instance where a Hacker Group Anonymous Threatened Musk in a Video Message and
warned him about his Tweets on Crypto Currency by
Saying “you may think you are the smartest person in
the room, but now you have met your match”
The video goes on alleging his quest to save the world is more rooted in a superiority and savior complex than actual concern for humanity. Anonymous cites the example of numerous complaints by Tesla employees over intolerable working conditions faced by them in the past years. It also mentions the young children employed in lithium mines to produce lithium, the major component of lithium-ion batteries used in electric cars, or most other electronic devices for that matter.
The hacker
group states that the Tesla CEO has enjoyed the "most favorable
reputations of anyone in the billionaire class" for the past several years
by tapping into the general public's desire for electric cars and space
exploration. This "carefully created public image," however, is now
being exposed.
However Musk
Being Who he is tweeted "Don’t kill
what you hate, save what you love,”.
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