Bitcoin (BTC) is my ‘Safe Word’, Just Kidding – Elon Musk

By 3 years ago

Quick take:

  • Elon Musk has joked about Bitcoin being his ‘safe word’
  • He also posted a Bitcoin meme that has excited the crypto-verse
  • Musk also compared Bitcoin to being ‘bull sh*t’ in a manner similar to fiat
  • Elon also tweeted about DogeCoin leading to a 20% pump of DOGE
  • His Twitter Bio now reads ‘ Former CEO of Dogecoin’

The Founder and CEO of SpaceX, Tesla and the Boring Company, Elon Musk, has posted several Bitcoin tweets today that have excited the crypto-verse. To begin with, Mr. Musk joked about Bitcoin being his ‘safe word’ before confirming that he was ‘just kidding’. Below is a screenshot of his two-part tweet of him referring to Bitcoin

in this manner.

Elon’s Meme of a ‘Tempting’ Bitcoin

The CEO of Tesla would go on to post a meme depicting Bitcoin as a ‘serious temptation’ to the normal life of a regular individual. The meme has caused quite a stir on crypto Twitter with the CEO of Binance retweeting it with a simple emoji depicting laughter as seen below.

Bitcoin is as ‘bull sh*t’ as Fiat Money

Elon Musk’s tweets regarding Bitcoin went a step further by comparing BTC to fiat money via the following statement.

Bitcoin is almost as bs as fiat money.

Elon Musk is ‘the Former CEO of DogeCoin’

A quick glance on Elon Musk’s bio on Twitter further reveals that the CEO of Tesla is no longer the unofficial CEO of DogeCoin (DOGE). According to his new bio, Elon Musk is the former CEO of DogeCoin. This can be seen in the following screenshot of his Twitter page.

Elon’s Love for DogeCoin, Memes and His ‘Crazy’ Fans

Elon Musk capped his crypto Twitter comments by expressing his love for Dogecoin, his fans and memes. Below are excerpts from three of his individual tweets expressing exactly this.

One word: Doge

i love all u crazy ppl out there

Come for the comments, stay for the memes

DogeCoin Pumps Due to Elon’s Tweets

A quick glance at the DogeCoin (DOGE) chart reveals that Elon’s tweets caused the meme-coin to pump from $0.00395 to $0.00475. This is an impressive 20% pump leading the famous Bitfinex Whale, @Joe007, to comment that Dogecoin is some ‘shit’ that Elon Musk loves to pump every now and then.
Doge is “Some shit @elonmusk pumps every now and then, for no reason whatsoever”
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John P. Njui

John is a journalist and writer with a vast crypto and blockchain industry background. He has been passionately writing and creating crypto content since 2017. When not immersed in the complex world of decentralized finance, John is often seen playing a chess game or running a marathon. He is a man of many talents.