Elon Musk’s online reputation has taken a massive hit because of his switcheroo on Bitcoin.
According to a report by Yahoo Finance, which cites data from social media monitoring company Awario, negative tweets about the centibillionaire now outstrip positive ones (19.2 percent and 14.9 percent).
Bitcoiners quickly went from adoring Musk to hating his guts after Tesla suspended Bitcoin payments. Adding more fuel to the fire, the controversial entrepreneur questioned the crypto king’s centralization and implied that the e-car maker could dump its holdings before backtracking on the threat.
Widely credited for the market collapse in May, the Tesla boss might have easily seen his approval rating plunging even more if it wasn’t for his devoted Dogecoin army that religiously follows his every tweet.Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.