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+%0A%0ATranslated with deepl%0A%0ANot too long ago, there was talk that the glorious Elon Musk was interested in cryptocurrency and that there was now the possibility to pay for his Tesla vehicles with Bitcoins. His intervention has definitely given Bitcoin a powerful boost.%0A%0AHis words (and actions) generally resonated well, both in the press and among crypto disciples, whereas I was and still am skeptical about the topic. To me, like the market manipulation of the gold price by corresponding %22expert%22 news, a corresponding similarity comes to mind. Except that gold is just then some forced cryptocurrency and the media (for whatever reason), as soon as Musk comes into play, then let it %22shimmer%22 positively. %0A%0AThe current example of Dogecoin shows the opposite. Musk expresses himself negatively (in the form of disparagement)%0A%0Ahttps://orf.at/stories/3212383/%0A%0A%3E%3EWhen a performer on the show, Michael Che, then asked, %22So, it's a hustle?%22, Musk replied, %22Yeah, it's a hustle.%22 And laughed afterwards. The English word hustle can be translated as swindle, rip-off or hustle. %22To hustle something%22 can mean %22to swindle something.%22%0A%0Aand the share price plummeted by 28%25 straight away. %0A%0ATo be clear; the power Musk exerts on this topic, or topic environment , displeases me. It looks to me like an obvious process to move the cryptos into his dependency. How long will it be before he can make demands on developers to do this and that, lest he (accidentally) say something %22stupid%22 on some show? Once this dependency is established, I guess not so many will ask because of the original, independent ideal of cryptocurrencies. %0A%0A%0A%0ATo the emergency, he can with his approx. 200Mrd, the courses themselves back and forth push. %0A%0A%0ATranslated with www.DeepL.com/Translator (free version)