📊 1. His tweet about XChat and "Bitcoin-like encryption"
✳️ Content:
Musk announced that XChat – the new messaging platform in the X app (formerly Twitter) – uses encryption based on principles similar to Bitcoin, with Rust language and features such as:
Calls without a phone number
Self-destructing messages
Strong end-to-end encryption
📈 Market impact:
Musk's mention of "Bitcoin" – for the first time in years – rekindled hope for investors.
Some analysts predicted Bitcoin would rise to $50,000 based solely on this signal.
Secure architecture crypto projects (like Monero and Signal) have seen renewed interest.
⚠️ Caveat:
However, experts warned that "Bitcoin" does not use encryption in the traditional sense but rather digital signatures and hashing. Thus, the comparison is technical but not accurate.
💸 2. His massive loss due to Dogecoin
✳️ Content:
Musk lost about 25% of his wealth due to his long-standing support for Dogecoin, but he said:
> "It was worth it"
📉 Impact:
His statement was considered a sign of cultural loyalty to the currency, more than a financial investment.
DOGE regained some of its value shortly after.
This is interpreted as Musk seeing Dogecoin as a popular meme project (meme + culture), not just a profit-making tool.
🛰️ 3. His support for Starlink in emergencies
✳️ Content:
Musk stated that immediate communication in crises is more important than ever, and Starlink plays a crucial role in that.
🔐 Relation to cryptocurrencies:
These statements show the intersection of digital infrastructure (connectivity) with decentralized security.
The future of cryptocurrencies relies on constant and secure connectivity, making Starlink a potential tool to support trading and verification outside traditional networks.
✅ Strategic Summary:#
Axis Analysis
Bitcoin May return to Musk's statements, indicating a recovery opportunity.
Dogecoin Still has cultural symbolism for Musk despite losses, which boosts the confidence of some traders.
Privacy His focus on encryption in XChat may boost the stocks of privacy-related projects.
Infrastructure His ongoing support for global connectivity (Starlink) may enhance the adoption of cryptocurrencies in remote areas.
