Kelly Slater Criticizes Elon Musk’s Crypto Practices - Stab Mag

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Kelly Slater Criticizes Elon Musk’s Crypto Practices

“I hope the SEC is taking a good look at this.”

elsewhere // May 18, 2021
Words by Jack Mutschler
Reading Time: < 1 minute

Kelly Slater recently took to Instagram to question the Bitcoin practices of Elon Musk. His IG story reads:

“Elon Musk and Tesla Motors proudly bought $1.5B worth of Bitcoin for around $34K in Feb. Elon comes out this week and says BTC mining is bad for the environment and they dump their bitcoin for an estimated $804M in profits (but he’s still pushing dogecoin, a useless shit coin).”

bitcoin

With such a passionate response, one can assume Kelly has significant shares in Bitcoin. I’m not particularly eager to jump to conclusions, but the GOAT’s meme game suggests he’s holding onto his shares.

While I may own a fraction of what Kelly, I’m in it for the long haul as well. My $500 drunken investment in December 2020 was the best-uneducated decision I ever made. Please, Mr. Slater, lead us to endless fortune.

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