Is Elon Musk a hypocrite: Bitcoin consumes less energy, but it’s still giddy

The CEO of Tesla, Elon Musk, proved that he could move the entire crypto market with a single tweet.

The cycle of “confusion market” started on Sunday when a pseudonym Twitter handle named @CryptoWhale tweeted that

Bitcoiners are going to slap themselves next quarter when they find out Tesla dumped the rest of their #Bitcoin holdings. With the amount of hate @elonmusk is getting, I wouldn’t blame him…

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