Morning Brew’s business coverage on Twitter invited followers to share professional fears, each consisting of four words.
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Write a horror story for your industry using just four words
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— Morning Brew ☕️ (@MorningBrew) June 29, 2021
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Within two days the thread had more than 30,000 responses. Among those sharing a frightening plot was a representative of the cryptocurrency industry:
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Elon Musk just tweeted
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— Devin Marty (@MartyDevin) June 29, 2021
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\”Elon Musk just tweeted\”, wrote Devin Marty, a cryptocurrency industry executive, implying that the businessman is influencing the price dynamics of digital assets.
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Marty’s tweet drew the most likes:
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…and we all lose
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— Devin Marty (@MartyDevin) June 29, 2021
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— This tweet wins.
— And we all lose,\n
the manager replied.
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Some users argued that if messages on Twitter increase the asset’s volatility, it cannot be considered “serious”.
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Elon Musk often posts about cryptocurrencies on Twitter. His favourite coin is Dogecoin, which typically reacts by rising on every mention of the entrepreneur. Meanwhile, Musk criticized Bitcoin for centralisation and the environmental impact of mining, which sent the asset’s price crashing.
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According to a survey by Investing.com, one in five respondents who sold bitcoin in May 2021 linked this decision with Musk’s criticism of cryptocurrency.
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Investors also described the entrepreneur’s tweets about Bitcoin “annoying,” “unfair,” and “quirky”.
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Discontented users created the token FUCKELON. Musk was also declared war on by the hacker group Anonymous.
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