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💬 In the trial against OpenAI in Oakland, Elon Musk called most cryptocurrencies fraudulent.
"Some have value, but most are just scams," the entrepreneur stated in response to a question about his attitude toward digital assets.
According to Arkham, Tesla holds over 11,000 BTC worth $886 million, SpaceX — 8,285 BTC worth $638 million.
Many users criticized Musk for hypocrisy. A user with the nickname Marcus reminded everyone of the sharp increase in DOGE prices whenever the billionaire mentions this coin.
Some community members agreed with Musk's assessment. In their opinion, only Bitcoin, Ethereum, and a few major altcoins have real value.
"Did Musk have to tell you this? Anyone with an IQ around 90 would say the same," wrote one of the users.