If it was about the environment why did they get into Bitcoin in the first place. It’s not like anything changed in the last couple of weeks. Either this is a business strategy to make more money or they did no due diligence when investing in Bitcoin and were somehow dumb The Only Thing I Know Is This Wound And Still Standing Shirt Bitcoin uses. Do you really think that Elon was totally unaware of the energy usage of BTC until right now? You think that him buying $1.5B in it for an electric car and sustainable energy company didn’t require any due diligence on this topic? And furthermore, you think it’s a coincidence that he’s doing this after making $100MM in profits on that purchase? Do you really think that Elon was totally unaware of the energy usage of
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BTC until right now? You think that him buying $1.5B in it for an electric car and sustainable energy company didn’t require any due diligence on this topic? And furthermore The Only Thing I Know Is This Wound And Still Standing Shirt this after making $100MM in profits on that purchase? Other cryptos are cool for building decentralized apps and things like that. But they don’t compete with bitcoin as a store of value. It’s a completely different use case. Nothing can replace bitcoin’s origin story as the original crypto and the only one with an anonymous creator. Companies aren’t adding Cardano to their balance sheet as a hedge against inflation. Bitcoin is the future world reserve currency and no other crypto comes close.
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