Elon Musk: "They dug their own graves"

By Pratik

 Nov 1,2022

Tesla CEO Elon Musk is not short of opinions on Twitter. 

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He has a variety of views, including his thoughts on cryptocurrency and his claim that Tesla stock prices have become too high.

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With just seven words, the tweet that was sent by the latter man wiped out $14 billion of company value. 

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It is not fair to say that his opinions can influence markets.

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Musk now turns his attention to the housing market in response to a tweet from Billy Markus, co-founder of Dogecoin. 

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He uses the Twitter handle Shibetoshi Nakamoto.

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What caused the Housing Bubble to burst through predatory lending?

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Markus tweeted that cryptocurrency was created as a response to central bank control after the 2008 recession, which led to massive printing of money and bailouts.

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Because cryptocurrency is decentralized, governments could not manipulate it.

Image Source and Credit  : Google