Elon Musk Wants to Buy Ethereum (ETH), Even If It Is a Crypto Scam

By August 28, 2018Ethereum
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It seems that Elon Musk, the founder and CEO of SpaceX, Telsa and Solar City, is ready to enter the cryptocurrency market buying Ethereum. Or at least, this is what he hinted on Twitter.

On August 28, the famous figure and entrepreneur wrote in the famous social network that he wants to buy ETH ‘even if it is a scam.’

At this point, I want ETH even if it is a scam

— Elon Musk (@elonmusk) August 28, 2018

The tweet written by Elon Musk is related to a post in which Twitter says that it has removed over 486 accounts after being engaged in ‘coordinated manipulation.’

Great actions by Twitter to delete bogus accounts. Will increase usage by real users.

— Elon Musk (@elonmusk) August 28, 2018

Of course, the internet is full of scams, and during the last year, several fraudsters have been trying to steal funds from users by impersonating important individuals. Just under his Tweet, a fake Elon Musk account offered a fake ETH and BTC Giveaway.

These kind of scams have affected not only Elon Musk, but also other important figures such as the U.S. President Donald Trump; Changpeng Zhao, Binance creator; or Vitalik Buterin, Ethereum’s co-founder.

Twitter couldn’t deal with these scammers and several newcomers fall in these frauds.

It is important to mention that at the beginning of the year, Facebook, Twitter and Google decided to ban ads from Initial Coin Offerings (ICOs) and other projects due to high risk of fraud. We also saw that Elon Musk had a medium.com scam going on that users should be aware of.

What are your thoughts on Elon Musk's sense of cryptocurrency humor? While it might not be serious, its good publicity for Ethereum (ETH) during trying times as the coin went from near $1,400 USD at the beginning of 2018 to now under $300 as it looks for its next catalyst…which might be in the form of an Elon Musk tweet..in which it did for Tesla, so why not Ether?

Elon Musk’s Twitter Account Gets Hacked, Offering 'Free' Cryptocurrency

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