First of all, as he has done in the past, he wrote in his bio that he is the former CEO of Doge.
This is obviously a joke, due to the fact that he has always been very impressed by the success of this cryptocurrency that was born as a joke.
Also in a tweet he wrote:
„One word: Doge“.
But the most interesting tweets, curious and ambiguous, are those that he dedicated to Bitcoin Compass review, with some more or less explicit references to sexual practices.
The most sensational one is a meme built on the basis of an illustration by the famous Milo Manara.
In this meme Musk seems to say that these days he can’t have a normal productive life because of the distractions due to Bitcoin.
In another, however, he says:
„Bitcoin is my safe word.“
It is likely that this is also a sexual allusion, since „safeword“ is a term used precisely in some sexual practices.
However, this same tweet commented on it with a response that reveals the playful nature of this initiative:
„Just kidding: who needs a safeword!“.
He then added a couple of other tweets that clearly reveal his joking intent.
Given the extremely peculiar nature of these tweets, at first it was even thought that his profile had been hacked. But, 24 hours later, there’s nothing to believe that he didn’t write those tweets himself, since they haven’t been removed yet, and Musk hasn’t denied having written them.
These tweets have been widely reported within the crypto community, so much so that for example both CZ of Binance and Roger Ver of Bitcoin.com have spoken out about them.
Elon Musk, the proposal to convert Tesla’s balance sheet into Bitcoin
But the most interesting discussion is the one born between Elon Musk himself and the CEO of MicroStrategy, Michael Saylor, in response to the tweet with the meme.
In fact, Saylor proposed to convert Tesla’s balance sheet into bitcoin, and Musk responded by asking if such large transactions were possible. Saylor replied yes, and this tweet exchange in turn generated a wide reaction in the crypto community.
For example, Anthony Pompliano wrote:
„The internet will break if Elon Musk converts any of Tesla’s balance sheet into Bitcoin.“
However, Pompliano himself later revealed that he considers this hypothesis only 5% likely.
The fact is that, despite the obviously playful tone, it seems that under the surface Elon Musk broods a real interest in Bitcoin and cryptocurrencies.
That is, it doesn’t seem to be just a matter of memes and jokes, but that Musk is really interested in these new financial assets.
Suffice it to say that in January he declared that he thought Bitcoin was a decidedly ingenious project, and had previously stated that he didn’t consider it his safe word.
The year 2020 has seen an almost complete change in the way large institutional investors view Bitcoin, and Musk may be no exception. Certainly it was MicroStrategy and Michael Saylor’s stance that marked the definitive turning point, as he confirmed in the tweet above that he has purchased over $1.3 billion in bitcoin in the past few months.