20 Comments

One of the nicest article I have read in Cryptowriter!

Elon sees his followers just as puppets, and he satisfies himself by playing with them. Over 6-7 years ago I liked his innovations, and I still think he built decent companies, but when it comes to ethics he cannot even make one right call.

On the other hand, Jack Dorsey -a true hero- only demonstrates his ideas and achievements without doing any shit-talk. I cannot wait to see Jack shutting Elon's mouth in upcoming Bitcoin event 2 days later.

What Jack Dorsey does is transparent as much as it can be. I'm very excited about the DeFi platform. We will see sunny days in future : )

Thank you for the article!

Btw if you didn't see Twitter NFTs, they are just awesome.

Expand full comment

When dogecoin first came out, people made a lot of money, but I was very angry. I said why such non-project coins are appreciated. Now go and look at the price of dogecoin, I realized that with a small drop, it immediately loses value.

Let Elon Musk go and build a car. leave the crypto to us because crypto is the people

Expand full comment

We don't need people like Elon Musk. We do not want it to be manipulated even if it affects the market upwards. What we need is people like Jack Dorsey who defend this market.

Thanks for the article and information.

Expand full comment

Elon Musk is a very interesting personality. He doesn't know what he did himself. Sometimes I think he's a very smart person, but when I think wisely, I think he's just a person with money ambitions. Money and ego. These two make up Elon Musk.

I'm happy with the current market fluctuation. Because right now, just listening to Elon musk or someone x, those who receive coins are crying. I'm sure it will last for a long time. Only people who believe will endure. And this is the bone mass of the crypto. After 3 years or 5 years or 5 days, when bitcoin makes a new Ath, these people will buy again from the hill. This is the order of the stock market. People who invest blindly are very unlikely to win.

Recent events have shown us that manipulation is not good or bad. It's all bad. It causes artificial elevations and confidence is destroyed.

Thanks for the nice post. I wrote a little long. I'm a little angry at the people who are disrupting this market. I hope the atmosphere of trust is restored.

Expand full comment

Elon Musk's biggest client right now is the US state. With his agreements with NASA, he has made many long-term deals from space astronauts to launching military satellites. In terms of Wall Street, Elon Musk is seen as a naughty boy. There has always been a conflict between New York, the bastion of finance capital, and between Wall Street and Silicon Valley. Elon and his company Tesla suffered a lot from this conflict in 2019. Old tech car companies have tried hard to wear down Tesla using Wall Street. Billion-dollar funds pushed Elon and his investors hard by short selling. Then the GameStop incident at the beginning of 2021 took place. These funds were penalized on Reddit. Cathie Wood in a Bloomberg post; BTC mining will shift towards renewable resources, and bitcoin mining with renewable resources in the United States will go far, especially with Tesla and Square companies taking the lead.

Tesla Energy (formerly SolarCity) has plans in this regard. This company, which sells solar panels in the form of tiles on roofs, said that it will commission a model that makes money from BTC mining with the excess electricity obtained from the roofs.

What I understand is that electricity will come to miners by being collected from the sun and wind and all of America. Citizens will in turn pay their energy collectors in BTC.

As soon as Biden was elected, the American think tank and the strategically important Atlantic Council published a document called The Longer Telegram. With this document, the USA openly declared a cold war against China. Previously, when it launched the first cold war against the Soviet Union in 1947, the document that started it was known as The Long Telegram. This time, the new article declaring the second cold war against China is named with reference to this old document.

In the document, it is said that the war will proceed on four main axes. One of these axes is the subject of technology and especially Artificial Intelligence, and the other is the preservation of the status of the dollar as the world's reserve currency. In both areas, China is intimidated in the document. That is, the TSMC company, which makes ASIC chips for bitcoin miners in Inner Mongolia or East Turkestan, which earns 65% of the BTC mined in the world, will move from Asia to America. This tells me that Bitmain-Antminer S19 devices based on 5nm chip technology will have trouble finding chips from now on.

As a result, the struggle between fiat currencies and cryptos has come to a head in the middle of the New Cold War between America and China. Both chip production and bitcoin mining will now be shifted to the West, especially to North America.

2 days left to The B Word conference, a community emerging to improve Bitcoin. The purpose of this community counts as solving the mystery of cryptocurrency, supporting the ecosystem, securing the blockchain, regulating Bitcoin. The most visible face of this community is Twitter CEO Jack Dorsey.

Although Elon Musk has been silent in recent weeks, he has started to share Bitcoin again in recent days. Although he didn't make negative comments like he used to, he joked how many Bitcoin maximalists it would take to install a light bulb. Bitcoin maximalist is a name given to people who think that the only surviving crypto money in the future will be Bitcoin.

Thank you for your great article.

Expand full comment

Let's go Jack! #BTCREVOLUTION

Expand full comment

Elon Musk, who has not fallen off the agenda with his statements about Bitcoin and Dogecoin, is criticized for making manipulative statements. Elon Musk will meet with Jack Dorsey to respond to the allegations against him.

Musk, who started to offer the option of paying with Bitcoin for Tesla payments in the past months and came to the fore with his Bitcoin investments, especially in the first months of 2021, announced that Tesla had suspended the option to pay with Bitcoin with a sudden statement in the past weeks. In a statement he made later, Musk stated that the issue was "mining is not environmentally friendly".

Jack Dorsey made a post for a Bitcoin event where he will be a speaker. The post by Jack Dorsey for 'The B Word', which will be an educational event on what steps should be taken for Bitcoin to develop and continue on its way as a more widespread crypto, did not go unnoticed by Musk.

Musk, with his humorous language that we are accustomed to seeing on Twitter, responded to Jack Dorsey's tweet with the 'Bicurious? (a concept used for people who are not against relationships other than their basic sexual orientation)'

Upon this, Jack Dorsey responded seriously to this humorous response and invited Musk to attend The B Word event. Dorsey told Musk that they could attend the event together, that he could ask anything he was curious about. Musk accepted the invitation in his speech, where he continued his little jokes. At the event, which will take place on July 21, it is already a matter of curiosity what topics Dorsey and Musk, a stable Bitcoin investor, will address.

I can't wait to watch this.

Expand full comment

I love when people call it how they see it so this was a perfect article for me. People using their clout to persuade others to buy shit coins is a huge let peeve. Let's go Jack Dorsey!

Expand full comment

Crypto assets are the most difficult, complex, and risky market in the history of world finance. Here, even the wolves of Wall Street are making statements like we were late, we couldn't calculate correctly, etc. Elon Musk was also 8 years late, before Tesla bought Bitcoin, Elon Musk tweeted badly about Bitcoin and lowered the price and bought. Elon Musk tried to use Bitcoin in his favor with these unstable statements. These things that Elon musk has done raise the question of whether the abundance of institutional buyers causes the markets to be manipulated. The more institutional investors, the greater the manipulation. But we must not forget that no matter how much they manipulate, Bitcoin always wins. Bitcoin = Bitcoin, no one uses it, can't pollute it, Bitcoin knows no one and takes revenge on everyone. Right now, there is a very powerful person against Elon Musk, a man who does not do any nonsense that musk does, he defends Bitcoin and decentralization, he is Jack Dorsey. Launching a defi platform in open mode is just a trailer, I'm sure he will make decentralized initiatives in the future and this is very exciting. Thank you for your article.

Expand full comment

Elon is self-satisfied. He's brilliant. At first, people think he's doing it for good, but I think he's a troll. He's trying to prove his strength.

Those who really rely on bitcoin are very different. They don't do it for fun. They're not trying to prove their power. What they already get is their greatest strength. They know that. For this reason, congratulations to real Bitcoin lovers from the biggest to the smallest.

Day by day, the Elon effect is diminishing. I think he'll make a sharper comeback. I hope more people get understand and get back from the road before it's too late.

I enjoyed reading and saw the facts once again. Your articles are really high quality. I hope I always see you in the Cryptowriter.

Thank you very much.

Have a nice day.

Expand full comment

I don't like heroes!

Expand full comment

I never saw Elon as a Hero Of BTC Miner cause he don't deserve it if he should get any title that is memecoins father or maybe fake pumping machine anything lol. Jack Dorsey is always there as a BTC Fan and what he is doing now can bring some changes too ..

Thanks for the Article Sylvain

Bitcoin ❤️🔥

Expand full comment

I'm still very confused about Elon Musk.

I'm not sure if what they say and do about crypto assets is beneficial or detrimental to this ecosystem.

I've always loved Jack Dorsey.

Now, from what I've read in the article, a few big things that are exciting are about to be done.

A decentralized social network has always been an exciting possibility for me.

this will be an uncensored and freer platform.

It's also great that it's open source and extensible.

The establishment of a DEFI platform by Jack Dorsey will create a new bull effect in the DEFI field.

he is a bitcoin friend

Jack Dorsey is a good man

Expand full comment

I am in complete agreement with this analysis. The crypto community and bitcoin lovers, in particular, embraced Elon too quickly because of that populist move with Tesla reserves. We were all enjoying a spectacularly bullish market trend as institutional funds were chasing down every available BTC, with the whole market moving up on the wings of bitcoin, so we couldn't see through his game.

He has shown himself to be a market manipulator but I don't hate him for it like most people do. He found a loophole in a market filled with starry-eyed retail investors and went after their wallets like a shark. I just pity those waiting for a super inflationary coin like Doge to moon based on the man's tweets and make them crypto millionaires.

However, I'm rooting for Jack because he is genuinely interested in the growth of the crypto industry and keeps making star moves to advance the cause.

Overall, they are players in the market dynamics.

Expand full comment

I'm excited to see what new developments on DeFi arise with these news. The future is bright for sure.

Expand full comment