Following reports that Elon Musks Tesla acquired $1.5 billion in Bitcoin on Monday, a Reddit post from early January began getting attention thanks to its seemingly prescient forecast that Musk was going to make a big carry on the cryptocurrency. The now-moderated post from “TSLAinsider” declared to be from “a software application dev operating at R&D at Tesla in California” who said that the electric car company had acquired $800 million worth of Bitcoin. In spite of the truth that Tesla purchased nearly double that quantity, the post quickly gathered attention from the media for being the first to reveal the investment. There was just one small problem: “TSLAinsider” is a 24-year-old college student in Germany who made the whole thing up while high on acid.
According to “TSLAinsider,” his strategy was to simply make a “trollpost” for laughs. However at the same time, he wound up mistakenly checking out the tea leaves from an exchange that Musk had with MicroStrategy CEO Michael Saylor in December. Saylors business had purchased $1 billion in Bitcoin in 2020, so the young German figured it d be funny to joke that Musk was about to do the same. Via New York Post:
” Me and my sweetheart, we took acid, and I saw the discussion between Michael Saylor and Elon Musk on Twitter, and I resembled, yeah, why shouldnt he buy into bitcoin?” Hendrik informed The Post in a Tuesday Zoom interview from Germany. “Hes crazy and he has a lot of money, so why not?”
In spite of the trollpost and joking about Musk being “crazy,” Hendrick is actually a firm follower in Bitcoin being the “innovation of the future,” and he applauded the Tesla CEO for the purchase would motivate other companies to do the very same. “They all want to resemble Elon,” he told the Post.