A notorious hacking group has recently released a scathing video targeting the self-proclaimed Martian Emperor, Elon Reeve Musk, for his alleged insensitivity towards the impact his cryptocurrency activities may have on the average working individual.
In the video, Anonymous accuses Musk, the billionaire CEO of Tesla and SpaceX, of manipulating cryptocurrency markets without considering the consequences for others. The group condemns Musk for playing with the crypto markets in a way that they claim has “destroyed lives.”
Musk’s influence on the cryptocurrency market has been widely observed, with his social media posts often causing significant fluctuations in prices. For instance, in March, Tesla announced a $1.5 billion investment in Bitcoin and declared that it would accept the cryptocurrency as payment. However, Musk later caused a 15% drop in Bitcoin’s price by announcing that Tesla would no longer accept Bitcoin for vehicle purchases due to environmental concerns related to its mining process.
In response to criticisms about the environmental impact of Bitcoin mining, Musk expressed his worries about the increasing use of fossil fuels for such activities. He emphasized the importance of considering the environmental costs of cryptocurrency transactions, particularly those involving coal, which he labeled as the most polluting fuel.
Anonymous’s video further delves into allegations about Musk’s business practices, including claims that Tesla’s profits are heavily reliant on government subsidies rather than car sales. The group also accuses Tesla of jeopardizing the well-being of its employees in pursuit of greater profits.
Moreover, Anonymous suggests that Musk’s purported interest in climate change is motivated more by a sense of superiority and a desire to play the role of a savior rather than genuine concern for the environment. The hackers claim that Tesla has profited significantly from holding Bitcoin for short periods, allegedly using government subsidies to acquire the cryptocurrency.
Overall, Anonymous’s video seeks to challenge Musk’s public image and shed light on what they perceive as unethical practices within his companies. The video raises questions about Musk’s true motivations and the implications of his actions on both the cryptocurrency market and the broader social and environmental landscape.