Elon Musk warns about cryptos but maintains Bitcoin
The man behind Tesla and SpaceX wields tweets as market levers, oscillating between sarcasm, fascination, and warning. In October 2021, he urged not to 'bet the farm' on cryptocurrencies. However, he confessed to having acquired, 'out of curiosity', bitcoin, Ethereum, and Dogecoin. This paradox reignites a central question: Does Musk act as a mere lucid observer or as a fully committed actor in an ecosystem that, despite him, helps to guide?
In summary
Elon Musk has long been warning about excessive investments in cryptocurrencies, calling for caution.
In 2021, he claimed not to own Shiba Inu, but acknowledged having Bitcoin, Ethereum, and Dogecoin, 'out of curiosity'.
Despite his warnings, Musk continues to publicly support some cryptocurrencies, especially Dogecoin, with significant symbolic gestures.
Musk's attitude raises questions: between declared caution and a possible strategy of influence, his role in the crypto world remains ambiguous and decisive.
Elon Musk: displayed caution and warning message
In October 2021, at the height of speculation around Shiba Inu (SHIB), Elon Musk, the target of a chilling metaphor from the creator of Squid Game, was publicly questioned on the social network X (formerly Twitter) about a possible investment in this crypto.
He flatly denied: 'No,' he stated when asked if he owned SHIB. This response intrigued the community, which sought to know the exact composition of his crypto portfolio. Musk immediately clarified: 'out of curiosity, I acquired ASCII hash chains called bitcoin, Ethereum, and Doge. That's all'.