#USUAL走势分析
(Forbes) magazine recently announced that Musk's net worth exceeds $400 billion, making him the only member of the '400 Billion Club' on Earth to date. The Oracle of Omaha, Warren Buffett, once commented on Musk: 'We play games, and he is doing big things; we just choose the easy things to do, and we don't want to compete with Musk, it's true in many ways.'
Musk not only likes to do big things but also has a grand strategy. He once destroyed $14 billion directly with a single tweet. Many thought he was foolish, only to realize later that it was part of his plan.
1.
Let’s rewind to May 12, 2021.
Musk posted a tweet on the social media platform Twitter (which was not yet called X and did not belong to Musk) that shocked the cryptocurrency market:
"Tesla will suspend using Bitcoin as a payment method. We are concerned about the rapidly growing use of fossil fuels in Bitcoin mining and transactions, especially coal – the worst of all fuels in terms of carbon emissions..."
This sparked a huge wave, and the market reacted immediately, with Bitcoin's price plummeting over 12% within hours. The entire cryptocurrency market evaporated $365 billion in value within just a week, equivalent to Nigeria's annual GDP.
Many people thought the tech mogul had truly gone mad because just three months earlier, his company Tesla had invested a whopping $1.5 billion into the Bitcoin market, becoming the first major global company to publicly embrace cryptocurrency, which was considered a significant milestone in the legalization process of Bitcoin.
Musk also became a symbolic figure supporting cryptocurrency, bringing enormous endorsement effects to this controversial market. Thus, Bitcoin saw a surge, reaching an all-time high of $64,000 by mid-April 2021.
At the same time, Musk himself became a barometer for the cryptocurrency market. Every tweet he made about cryptocurrency acted like a magic wand, instantly causing the prices of cryptocurrencies to rise or fall dramatically. Millions of global investors closely monitored his every tweet, analyzing and interpreting them as if they were watching a wealth code.
Musk could not have been unaware of the significant negative impact his tweet about Tesla and Bitcoin temporarily 'decoupling' would have on the Bitcoin market. His 'earth-shattering tweet' had already caused over 230,000 people in the cryptocurrency market to be liquidated, with liquidation amounts reaching 14 billion yuan.
Musk was certainly not crazy; he was orchestrating a 'one stone, multiple birds' game.
2.
Cryptocurrency seems to be thriving, but it actually hides tremendous crises. The rapid rise in Bitcoin prices attracted more and more investors, while also raising concerns about its sustainability.
Bitcoin mining consumes a massive amount of energy, most of which comes from fossil fuels, especially coal. Its environmental impact has increasingly drawn attention. According to relevant research institutions, the energy consumption of Bitcoin mining activities each year even exceeds that of some small countries.
At that time, Bitcoin was often criticized by detractors who argued that the development of these cryptocurrencies came at the expense of the environment. In this context, Bitcoin faced a severe reputation crisis.
Musk's mission in founding Tesla was to promote the global transition towards sustainable energy. By publicly pointing out the environmental issues of Bitcoin through his tweets, Musk not only reinforced Tesla's commitment to this mission, successfully positioning Tesla as a leader in the global environmental protection field, but also propelled a transformation in the entire cryptocurrency industry.
Shortly after he tweeted, many Bitcoin mining companies indeed began to consider the sustainability issues of the industry and turned towards renewable energy.
It can be said that Musk showcased his strong influence in the cryptocurrency space through 'Twitter governance', setting the 'rules' for them: adapt to the new situation as I say, or face liquidation.
3.
Musk's move had another intention: to attract ESG investors.
What is ESG? ESG is an acronym for Environmental, Social, and Governance, which are key factors used to evaluate a company's sustainability and ethical responsibility. In recent years, it has slowly become an important investment philosophy and corporate action guide in the financial market. A company with good ESG performance easily gains favor from consumers and governments, so many large enterprises want to be included in the S&P 500 ESG Index.
Although Tesla pioneered the new energy vehicle sector, it had previously not caught the ESG’s eye. After Musk's maneuver, Tesla's environmental awareness was amplified and highlighted amid the heated public discourse.
These ESG funds managing trillions of dollars in assets began to view Musk as a business leader willing to speak out for environmental protection. That month (May), Tesla was included in the S&P 500 ESG Index (though it was later removed, which is another story).
4.
Having won the hearts of ESG investors, Musk was hated by countless cryptocurrency investors. At this point, Musk tweeted again: Tesla would resume accepting Bitcoin payments after achieving 50% renewable energy usage in Bitcoin mining.
After the news broke, cryptocurrency surged again. If he wanted to, he could easily take advantage of the lows, as he could 'create' the best buying point himself.
Of course, in this process, he also 'held one up and stepped on another', flipping Bitcoin while waving the flag for Dogecoin (another cryptocurrency) that he supported. The mask was off, no more pretending; he laid everything out for you to see, but what does it matter if you understand? As a famous internet investor scolded Musk, 'Elon, you have a responsibility; one moment you say you're going to buy something, the next moment you say you won't. You're playing with people's futures and destinies.'
To use that famous internet meme: I've never seen someone so arrogant in my life! When you see Musk, you see it!
Recently, I plan to ambush a potential coin that is about to explode; doubling it is quite easy. I am also preparing to find some potential coins to hold until the end of the year, expecting a space of over 10 times is not a problem. If you want to follow and see my bamboo leaves, leave a message, follow, and like, golden skirt.