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Bitcoin, Ethereum, and Dogecoin

So Elon specifically mentioned today that he owns all three cryptos, Bitcoin being his largest allocation. He openly admits on camera that if Bitcoin goes down, he loses money (obviously) and the same would go for any security.

So, if Elon owns a lot of Bitcoin, and his actions/words “hurt” Bitcoin, wouldn’t he be hurting himself? He probably lost millions on his choice to no longer accept Bitcoin. That speaks volumes, considering he probably lost half of his wealth by that action because he care more about his morals than profit. Wouldn’t this mean that all of the media FUD blaming Elon for this crash is fairly outlandish? What is the community’s thoughts?

What do you think?

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