Bitcoin has crashed this evening after Elon Musk publicly announced one hour ago that Tesla (TSLA) will no longer be accepting Bitcoin due to environmental concerns. Surely, Musk is being pressured into doing this by the Deep State because it will inevitably cause Bitcoin Maximalists to call for a switch from "Proof of Work" to "Proof of Stake" like Ethereum is doing. Although this would cut down on energy consumption it would also make Bitcoin more centralized. With "Proof of Stake", Bitcoin would become indistinguishable from fiat currencies!
Musk has reassured HODLers that "Tesla will not be selling any Bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy." In other words, switch to Proof of Stake to make Musk support it again... thereby destroying Bitcoin in the process! That is the plan that the Deep State is using Musk to accomplish!
We guarantee the sheep will press hard for Proof of Stake in the weeks ahead! When Musk first announced that Tesla purchased Bitcoin and he uploaded a "laser eye" profile pic to his Twitter account, every Bitcoin Maximalist sheep did the same within a week! They worship Musk and can't think for themselves!
Musk says that Tesla will not be selling its Bitcoin, but how many Bitcoin does Tesla still have left? We already know Tesla sold 10% of its Bitcoin last quarter and when all of the sheep complained, Musk insisted to them, "I have not sold any of my Bitcoin!" He personally owned only 0.25 BTC! We bet Tesla itself has been aggressively dumping Bitcoin in recent weeks and is already down to owning 1 BTC or less that it will HODL forever!
NIA was the only organization in the world to accurately predict back on April 22nd that Musk was secretly dumping Tesla's Bitcoin while using Dogecoin as a distraction! Read our April 22nd alert by clicking here!