{"id":9184,"date":"2021-07-06T15:54:10","date_gmt":"2021-07-06T15:54:10","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/musk-trolls-buffett-with-fake-quote-on-twitter-then-deletes-it\/"},"modified":"2021-07-06T15:54:10","modified_gmt":"2021-07-06T15:54:10","slug":"musk-trolls-buffett-with-fake-quote-on-twitter-then-deletes-it","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/musk-trolls-buffett-with-fake-quote-on-twitter-then-deletes-it\/","title":{"rendered":"Musk Trolls Buffett With Fake Quote on Twitter, Then Deletes It"},"content":{"rendered":"

Elon Musk went after Bitcoin hater Warren Buffett recently, sharing what looked like a bullish crypto quote attributed to the billionaire investor. The tech entrepreneur, whose comments on social media have been moving crypto markets this year, later removed the post with the obviously fake Buffett statement. <\/strong><\/p>\n

Elon Musk Finds Buffett\u2019s \u2018Best Financial Advice\u2019<\/h2>\n

Tesla CEO Elon Musk tweeted a meme of the famous American business magnate Warren Buffett with a quote underneath reading \u201cFind as many coins as you can. And fast!\u201d Musk attributed the statement to Buffett, describing it as his \u201cbest financial advice.\u201d The entrepreneur turned-crypto-influencer said he found it on the internet.<\/p>\n<\/p>\n

In just a few hours, Musk\u2019s latest crypto tweet gathered thousands of likes and comments early on Tuesday but the post later disappeared from his Twitter account. The quote in the tweet<\/a> is most likely fake or wrongly attributed to the 90-year old legendary investor who is a well-known critic of Bitcoin, to say the least.<\/p>\n

Warren Buffett has maintained a negative stance on cryptocurrencies over the years. In 2019, the Oracle of Omaha said<\/a> \u201cbitcoin has no unique value at all,\u201d calling it a \u201cdelusion.\u201d In 2018, the CEO of Berkshire Hathaway stated<\/a> that those who put money into bitcoin were not investing but speculating and gambling. \u201cProbably rat poison squared\u201d is arguably Buffett\u2019s most famous description of Bitcoin, which he gave at the company\u2019s annual meeting in May of that year.<\/p>\n

<\/p>\n

On the other hand, Elon Musk has been a prominent supporter of cryptocurrencies, with few exceptions such as this year\u2019s decision to suspend BTC<\/a> payments for the vehicles produced by his electric car company, due to concerns about the increasing use of fossil fuels to power bitcoin mining. The crypto-economy lost billions<\/a> following his announcement<\/a> on Twitter.<\/p>\n

However, Tesla\u2019s $1.5 billion investment<\/a> in bitcoin earlier this year gave crypto markets a serious boost. Then in May, Musk reaffirmed his allegiance to decentralized money stating that in the battle between fiat and crypto, his support goes to the latter. He also said that Tesla would resume<\/a> accepting bitcoin upon confirmation of a \u201creasonable\u201d 50% clean energy usage by cryptocurrency miners.<\/p>\n

Musk and Buffett have in the past clashed<\/a> over business models. In 2018, the Spacex founder said that \u201cmoats are lame\u201d referring to a term<\/a> popularized by Warren Buffett, and emphasized the importance of innovation. Buffett responded by warning Musk to stay away from his moated ventures. Musk then announced he is starting a new candy company to take on Berkshire-owned moat See\u2019s Candies that he\u2019s going to call \u201cCryptocandy.\u201d<\/p>\n

Why do you think Elon Musk removed his Warren Buffett tweet? Tell us in the comments section below. <\/em><\/strong><\/p>\n

Bitcoin News
\nNews, billionaire, Buffett, Coins, Crypto, crypto influencer, Cryptocurrency, Elon Musk, Entrepreneur, Investor, meme, Musk, quote, SpaceX, statement, Tesla, Tweet, Twitter, Warren Buffett<\/p>\n","protected":false},"excerpt":{"rendered":"

Elon Musk went after Bitcoin hater Warren Buffett recently, sharing what looked like a bullish crypto quote attributed to the billionaire investor. The tech entrepreneur, whose comments on social media have been moving crypto markets this year, later removed the post with the obviously fake Buffett statement. Elon Musk Finds Buffett\u2019s \u2018Best Financial Advice\u2019 Tesla…<\/p>\n","protected":false},"author":0,"featured_media":9185,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-9184","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9184"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=9184"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/9184\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/9185"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=9184"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=9184"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=9184"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}