1/ Which bitcoin did Tesla buy? Telsa's 10-K SEC filing us…
1/ Which bitcoin did Tesla buy?
Telsa's 10-K SEC filing uses the word bitcoin (ambiguous).
It does not specify Bitcoin Core (#BTC), Bitcoin Cash (#BCH), or Bitcoin SV (#BSV).
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2/ $TSLA SEC filing mentions "bitcoin" 9 times in 4 paragraphs but never specifies which bitcoin.
https://www.sec.gov/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htm
3/ For those who don't know, there are 3 competing versions of bitcoin sharing the same chain up to block 478557 (pre-fork) that tie back to the genesis block.
4/ These competing versions of bitcoin are called #forks.
Coincidentally, Elon Musk updated his Twitter profile to read “metaphork” and changed his profile photo to a fork in the road.
A very specific photo used in articles regarding the bitcoin fork.
5/ It’s very easy to get carried away in speculation w/these cryptic messages. Based on these articles & Elon’s recent Twitter bio changes, I think it’s fair to say it’s about bitcoin
https://medium.com/@octskyward/on-consensus-and-forks-c6a050c792e7
6/ I’m not the only one wondering is Elon signaling some in-depth knowledge of #bitcoinforks and the murky relationship between #BTC #BCH and #BSV?
h/t @BernhardCenti
https://twitter.com/BernhardCenti/status/1363277009049296896
What bitcoin is being sold out of bitcoin atms at Tesla factories?
https://www.google.com/amp/s/www.teslarati.com/tesla-elon-musk-bitcoin-atm/amp/
Hey, I love this speculation shit. All I've found is u should check out some of the biggest wallets of bsv.. One whale showed up Oct last year, but mid Jan input 40+million. Shrug.
I tried looking at the large addresses but didn't pick out anything directly insightful to this. Probably there's more I just need to learn in doing that type of analysis. @37361 wrote about a dust attack to the richest address and that's pretty trippy
Bitcoin SV 1AcpaEcJACmAEniQ1QfeLEGR986b9Bff5Y in Block 673934
https://tinyurl.com/fueuthe6
6/ I’m not the only one wondering is Elon signaling some in-depth knowledge of #bitcoinforks and the murky relationship between #BTC #BCH and #BSV?
h/t @BernhardCenti
https://twitter.com/BernhardCenti/status/1363277009049296896
7/ Circling back to the initial reporting that Tesla bought bitcoin Feb 8, 2021, it’s clearly an assumption that Tesla bought BTC.
Outlets such as CNBC/NBC, WSJ, & AP cite the SEC filing and again the 10-K form does not specify which bitcoin.
8/ It’s easy to see why it's assumed the bitcoin purchased was BTC, but it is an assumption.
This is also why the use of the name bitcoin is a contentious topic in the community.
In fact, there are pending lawsuits concerning this https://bit.ly/3caqav5
9/ The earliest report that Coinbase helped Tesla execute the purchase of bitcoin appear to be from The Block https://bit.ly/3rqtyYZ
Neither Tesla or Coinbase confirmed this story.
The story is otherwise based on an anonymous source.
#RedFlag #FakeNews
10/ In summary, Elon has signaled awareness of bitcoin forks. He uses the ambiguous term bitcoin when he says he thinks “bitcoin is a good thing, and I am a supporter of bitcoin.” – Elon Musk on ClubHouse 2021-01-31 https://youtu.be/K8qP_8nXpuo?t=2461
11/ When Elon mocks the technology he specifically calls out BTC. Again in mocking fashion he has raised awareness to a crypto coin pegged to the dollar (known for shadiness & pumping the price of BTC)
1)https://twitter.com/elonmusk/status/1363230177002622976?s=20
2)https://ag.ny.gov/press-release/2021/attorney-general-james-ends-virtual-currency-trading-platform-bitfinexs-illegal
3)https://coingeek.com/crypto-crime-cartel-the-end-is-nigh-for-tether/
12/ On the other hand w/low transaction fees & unbounded scaling capability the opportunity in utilizing a bitcoin that enables micropayments & immutable private data storage on a public blockchain is incredible!
Read this as satire https://bit.ly/3brl5Q1
thats a buttsex joke bruv
11.5/ If Elon is knowledgeable of bitcoin forks, aware of shady activity of Tether/Bitfinex etc. & aware of University of Texas research suggesting Tether inflates BTC prices, why would he have TSLA buy BTC? https://bit.ly/3kXtjlR
13/ Just throwing this one out there as strange
14/ With all that said, this could just be foolish speculation and Tesla did indeed buy BTC. ¯\_(ツ)_/¯
lol wow still took me a minute to get that. Clearly went over my head and I'm carried away in speculation. I still think Elon is very aware in his mockery of cryptos
TSLA has a board of directors. It wouldn't be solely Elon's decision. So he could personally as Elon himself, buy BSV or Doge. But TSLA could have bought BTC based on that he is not the sole decision maker.
dont get this image - does the left part say Elon Musk verified account? is that just the metanetICU twitter quoting one of Elon's tweet?
Yes, the more I've thought about it I think Tesla bought BTC. There would have to be a lot of secrecy going on within finance/accounting depts and the board like you said. But if we get an exciting plot twist, this is on the record!
I don't know what to make of it myself hence the just throwing it out there. It does say Elon Musk verified account, clicking think will just take you to the MetanetICU Twitter account. Maybe there is an explanation for this...
U OK? Price down even if Tesla bought bsv otc price would go up
15/ the conclusion to my speculation