The bad new is crypto is taking a credibility hit because of Elon. The good news is Elon is taking a credibility hit because of Elon, crypto, and Tesla.

Title says it all. When we get through this correction Elon's voice will matter less and less. Unfortunately he's going to definitely hold way more coins now.

Fact is after this correction crypto is going to continue to grow. The technology is too good. And yes Elon is going to be even more wealthy because of his manipulations. But the silver lining is Elon's opinion is going to mean less and less for retail and institutional investors after watching the shit show that he's just performed on the entire crypto market.

I understand this entire correction isn't only his doing. There are other factors and disinformation floating around. But I'm fully ok with the entire crypto community blaming Elon to remove his voice from the space.

The top post of all time in this sub warned us about how friendly Elon is to crypto. He's not. He's not your friend. He's not your associate. He is the richest man in the world and it is impossible to become a billionaire without exploiting others.