Let's watch the video first:
This almost 4-minute video, released on June 5, now has more than 2 million views. The hacker group Anonymous is most likely behind it - the video bears all the hallmarks of past videos, which are generally accepted as their "brand".
The narrator in the video in the mask uses a voice changer and accuses Musk of many of different things. He points out that he is not, in fact, a visionary with good intentions, but rather a narcissistic rich man who cares only about himself. Through its reach and popularity on the social network Twitter, the CEO of Tesla and SpaceX allegedly deliberately influence crypto markets and "destroyed lives" of many hard-working people. It is important to say that he is far from being blamed only by Anonymous.
Why are Elon Musk's views on cryptocurrencies so inconsistent?
It is generally believed that Musk was literally forced to declare that Tesla did not support Bitcoin so much. The reason was simple - Tesla takes huge "green money" subsidies from the state, which they cannot afford to lose."It is now widely believed you have been forced to denounce your company involvement with bitcoin in order to keep that green government money flowing into Tesla's coffers,"
The video also talks about the amount of money that was literally wiped from crypto markets due to Musk's tweets.“Millions of retail investors were really counting on their crypto gains to improve their lives. ... As hardworking people have their dreams liquidated over your public temper tantrums, you continue to mock them with memes from one of your million-dollar mansions."
Elon Musk's reasons for such actions may be completely different
At times, Tesla's CEO seems interested in cryptocurrencies but doesn't want to understand them in depth. A decentralized system needs some form of security, and for Bitcoin, it is Proof-of-Work (PoW) security. This means that the more successful Bitcoin is, the more energy it consumes to be secured. It consumes much more energy than, for example, Dogecoin (DOGE), but the reason is that it is much safer.
Elon Musk's irony, hidden behind his interest in green energy, is even more fun. Energy does not know where it comes from. Have you ever asked someone where the energy that drives their washing machine comes from? No. The reason is that energy is not responsible for how we produced it. We can only blame ourselves and the methods we are using to produce energy. Any improvements that will contribute to a greener planet (which we all probably want) should go to production.
But why did Musk choose Dogecoin, which really has no real value behind it? The reason can be quite simple. Elon Musk likes being famous, which includes a certain level of "power". At one point, he probably realized that Bitcoin is too big to be easily influenced, so he chose a much "simpler target" - Dogecoin. It is a cryptocurrency, which originated as a joke and its creators literally evaporated at a certain moment, while they did not seem to be interested in their creation in any extra way. This was what Musk could see as an opportunity to take control. He, therefore, fit in the role of Dogecoin boss and it's up to everyone to judge whether you want to invest in something like that.
Back to the video: Anonymous added a clear message at the end of the video
The last part of the video says that Elon is not the only one involved in the development of electric vehicles and space exploration. The narrator warns him that the competition is growing every day and he is only CEO of one company, which has gained popularity through sh*tposting and trolling on social networks.„You may think you are the smartest person in the room, but now you have met your match. We are Anonymous! We are Legion! Expect us."
Many people shared the video under Musk's posts on Twitter. We haven't received a direct response yet, but Musk has posted a tweet that many consider a response.“Don't kill what you hate. Save what you love."