16:44 GMT26 January 2021
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    The Tesla founder is known for his sarcastic attitude toward Bitcoin hysteria. In 2018, he declared himself CEO of a Dogecoin cryptocurrency, a concept derived from an internet meme, prompting a 20% spike and a capitalization rush to $2 billion.

    Elon Musk has set the internet on fire again, posting tweets containing dubious information on his attitude toward the Bitcoin cryptocurrency. He started off with a simple phrase stating that bitcoin was his "safe word."

    One hour later, he again tweeted, swallowing his words and releasing another series of provocative tweets. 

    At the end of his online performance, Musk posted a tweet reading "one word: doge", in a seeming reference to the cruptocurrency Dogecoin. In 2017, Musk put the label “CEO of Dogecoin” in his Twitter account bio. Created as a joke, Dogecoin reached a market capitalization of $2 billion in 2018. As of now, Musk has changed his bio description to a “former CEO of Dogecoin” for reasons unknown. 

    This is far not the first time Musk has made fun of cryptocurrency and has trolled its adepts. The Tesla founder has been repeatedly sarcastic about Bitcoin and cryptocurrency, dubbing it “ghost money”.  

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