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Elon Musk says he never told people to invest in crypto. Here's what he has said. - Mashable
Jun 22, 2022 1 min, 5 secs
With the entire cryptocurrency market currently tanking and major crypto firms becoming insolvent, one would think Elon Musk might reflect on some of his recent statements with a little contrition. After all, Musk is a big proponent of cryptocurrency, right?

"I have never said that people should invest in crypto," Elon Musk told the crowd during his virtual appearance at the Qatar Economic Forum after he was asked about the present state of cryptocurrency.

Musk does not seem to have ever uttered the words "people should invest in crypto" or any sort of similar straightforward investment recommendation regarding cryptocurrency.

So, where would people get the idea to invest in cryptocurrency because of Elon Musk then?

Here's Musk plugging Dogecoin as the "people's cryptocurrency." In a follow-up he also explained to the "people" that there's "no need to be a gigachad to own" Dogecoin.

This is Elon Musk saying he would "eat a happy meal on TV if McDonald's accepts Dogecoin." Again, people would need to acquire Dogecoin to use it.

And here's his most recent plug of Dogecoin, tweeted during the big crypto crash which brought the crypto from its all-time high of 70 cents – which occurred when Elon Musk appeared on Saturday Night Live and plugged Dogecoin on network television – down to around five cents.

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