SBF comments on Tesla's suspension of support for Bitcoin payments: The world will become more and more fickle, and we must always accept it

On May 13th, Tesla CEO Elon Musk (Elon Musk) suddenly announced that Tesla would no longer accept bitcoin payments, which was less than two years after they announced that they supported bitcoin payments. months. Bitcoin fell by 15% in response, once falling to $46,000, and the entire network liquidated more than $2 billion.

The reason given by Elon Musk is that the method of mining bitcoin is not environmentally friendly, It will cause harm to the environment, and the decision to suspend Bitcoin payment was made only after considering environmental issues.

If it is just to suspend Bitcoin, it may not cause dissatisfaction among crypto users and industry insiders.

On May 14, Musk tweeted again: "Working with Dogecoin DOGE developers to Improve system transaction efficiency." He added "To be clear, I am a firm believer in cryptocurrencies, but it cannot drive the use of fossil fuels, especially coal."

As soon as this remark came out, everyone ridiculed his "double standard" approach. Someone commented that "Dogecoin is the same as Bitcoin, you need to use mining machines to mine the output, don't you know?" Blockstream's CSO (Twitter name Samson Mow) asked directly: "Do you have no company to run? ?” It seems to be ironic that Musk is obsessed with promoting Dogecoin every day, “doing nothing.”

Regarding Musk’s “capriciousness” and reasons for stopping Bitcoin payments, many professionals in the encryption field published own opinion.

FTX co-founder Sam Bankman-Fried made several tweets to clarify his point of view: "All of us Everything can change."

For so many years, we have been "treated well" by Musk, he said: "This is a meme, I like Bitcoin". We replied, "Yes, this thing makes you happy."

He did not pretend to be loyal or respectful of BTC . Or for that matter, kind of true. We all thought it was a good thing. Respect or conformity is exactly what kills innovation.

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SBF went on to mention, “Even if Musk’s tweet about BTC turns into a tweet about DOGE Wen, we have not wavered. The most prominent businessman in the world tweets about our industry. If DOGE is what brings him joy, it brings us joy."

Dogecoin is thriving, and we rejoice, while the media watches in utter bewilderment what is happening in the crypto world. These days, sometimes I feel like the world is divided into those who understand memes and those who don't. Some people who don't understand Elon asked, "DOGE is a joke! Why do you support it?"

People think Know why he chose DOGE and why he chose us in a way. Why choose something that has no intrinsic value? Why choose something that is nothing more than a meme?

In a way, I think it’s because Musk is boring. Sometimes it's just too easy to play other games. Just have to add some fun to yourself. But in a way, DOGE is a meme, which is what it's all about.

What is the real value, but what is the one meme we recognize?

Bread is valuable, as is shelter, water, music, and math. Gold, U.S. dollars, NFTs, the Super Bowl, Tesla, and DOGE all have value too.

Although DOGE has no intrinsic value, he chooses DOGE because it is a meme coin. There are so many things in the encrypted world, all of which are valuable and real. What makes DOGE look so different?

We liked him a lot when he went from another meme to another meme in our world. Then he chose DOGE, and we applauded, thinking he obviously "still chose" BTC. Can't say he didn't warn us.

And his recent actions, maybe because he is bored again. "Today feels like a good day to cause a stir." It wasn't the first time this had happened, after all.

Maybe because we think of him as "one of us." Yet he will never be a member of us, because he will never be a member of any organization, exactly. We tried to put him in the BTC matrix big box, so he had no choice but to find a way to escape.

But maybe. It's just that maybe we're forgetting a theory: Sometimes the simplest, cleanest explanation is the right one. Elon Musk runs an electric car company. Like it or not, Bitcoin is not the most energy-efficient cryptocurrency.

Perhaps like many other things, Musk has an interest in BTC The love of love will be wiped out because of the intervention of various "intermediate forces".

SBF concludes: "The world is becoming ever more fickle. Anything that goes up can end at any time. It is always about It’s not just what happens to us.”

Compared to SBF’s neutral comments, many insiders People are still dissatisfied with the decision of Musk and Tesla. MicroStrategy CEO Michael Salylor, who once encouraged Musk to add Bitcoin to his balance sheet, replied to Musk: “It’s ironic because of Bitcoin transactions. Energy is used to protect the encrypted asset network. In the long run, it is harmful to fossil fuel consumption. The net effect will be eliminated."

And Morgan Creek Digital co-founder Anthony Pompliano clarified: "Elon ... you realize that 75% of miners use renewable energy , right? This energy story is told over and over again.”

In fact, whether it is from daily tweets or in various interviews, we can find that Musk is not ignorant of cryptocurrencies such as Bitcoin or Dogecoin, on the contrary, he has understood and learned. As for Tesla’s behavior this time, it is hoped that, as SBF guessed, it was influenced by various “intermediate forces” as a last resort. As a company that uses clean energy to produce cars, Tesla also has its own considerations.

In any case, Bitcoin will not stop moving forward because of Tesla’s support or not, the world changes It is the norm, and the unchanging is the accident. All we can do is embrace the changes in the world and prepare for them.

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