Elon Musk Has Managed To Stir The Market Again

Elon Musk has managed to stir the market again. Tesla CEO Elon Musk continues to tweet about cryptocurrencies.

Tesla CEO Elon Musk posted on Twitter today about the possible inflation rate in the next few years. As it is known, Elon Musk often manages to influence the crypto market his posts on Twitter. This time, Musk influenced Dogecoin with a tweet. This post was responded to by Michael Saylor, CEO of MicroStrategy. Saylor said, "USD consumer inflation will continue near all time highs, and asset inflation will run at double the rate of consumer inflation. Weaker currencies will collapse, and the flight of capital from cash, debt, & value stocks to scarce property like #bitcoin will intensify." Elon Musk responded as follows: “As a general principle, for those looking for advice from this thread, it is generally better to own physical things like a home or stock in companies you think make good products, than dollars when inflation is high. I still own & won’t sell my Bitcoin, Ethereum or Doge fwiw."