By Hassan Mehmood (Saudi Arabia)
The co-founder of Ethereum, Anthony Di Lorio, firmly believes that any sort of influence used to manoeuvre the crypto market towards one’s own advantage should be strongly ridiculed. He believes that these influential people should be educating the masses instead of using their influence to play the market towards their own advantage and make it all look funny.
He’s clearly pointing towards Elon Musk and his absurd tweets about Bitcoin in the very beginning when Musk started his crypto campaign and then shifting his attention solely towards Dogecoin as Bitcoin left his focus just because the crypto was not funny or tentative anymore.
Ether’s co-founder is not wrong; Elon Musk has never taken the crypto market and the idea of decentralization seriously. He has been manipulating the market using his influence and making investors bend their knees to his will. If you have seen his tweets and the way Musk points something out, something extraordinary that is either happening or about to occur within the market, you would know that the man takes the whole thing as a big old joke.
Musk Should Use his Influence for Good
Anthony expressed his uneasiness with Elon Musk in a recent interview with Bloomberg. He believes that influential people like Musk can create a significant change within the crypto market and educate those who have the potential, the investment but not the mindset to enter into the market or become successful.
He believes that Musk has been enjoying the whole thing and having fun with something that’s so important that it could change our conventional mode of finance for good. Anthony believes that Musk could be doing so much good right now, educating people towards diversifying their portfolio when it comes to cryptocurrencies and buying Bitcoin or Ether or some other legit cryptocurrency instead of promoting that joke of a cryptocurrency that is Dogecoin.
Analyzing the standpoint from which Anthony is speaking, he’s clearly not wrong because anyone with access to Twitter and being a follower of Musk will know that Elon has been trying tirelessly to increase the market capitalization for the Dogecoin coin from early May. The recent market correction has proposed that Dogecoin is not a valid cryptocurrency, but still, Musk continues to give out tweets and make memes using his Twitter account in support of the joke cryptocurrency; this is not a serious attitude coming from the CEO of Tesla and should change tremendously for the good of the crypto market.
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