Tesla CEO Elon Musk Calls Twitter's New NFT Profile Picture Feature 'Annoying'

It's barely been four days since Twitter launched the hexagon-shaped NFT profile picture feature, and it's already on the receiving end of criticism - from none other than Tesla CEO Elon Musk.

The day after this NFT feature went live, Elon Musk called this feature ¡®annoying¡¯ in a tweet. And that¡¯s not all. Elon Musk followed this with another tweet explaining the reason why he felt so.

Also Read: This Indonesian Student¡¯s '$3 NFT Selfies' Are Now Worth Millions!

Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread!?

¡ª Elon Musk (@elonmusk) January 21, 2022

It's not a secret that Elon Musk has always been quite vocal about whatever he feels or notices in the crypto world, with a long list of tweets surrounding major crypto coins and the changes or developments in the crypto space.

Forbes

Also Read: Elon Musk Says Dogecoin Is Better For Transactions Than Bitcoin

Musk¡¯s Twitter Exchange With Jack Dorsey

Elon Musk has often engaged in banter with the platform's former CEO Jack Dorsey, directly or indirectly. And it's not only been on the issue of Web 3.0, but also on their respective preference for Dogecoin and Bitcoin, respectively. Here are some tweets which indicate the same.

Also Read: Former Twitter CEO Jack Dorsey Announces New Bitcoin 'Legal Defense Fund¡¯

It¡¯s somewhere between a and z

¡ª jack?? (@jack) December 21, 2021

Yes, Bitcoin will

¡ª jack?? (@jack) December 21, 2021

Ideally, Doge speeds up block time 10X, increases block size 10X & drops fee 100X. Then it wins hands down.

¡ª Elon Musk (@elonmusk) May 16, 2021

Also Read: Elon Musk, Jack Dorsey's Twitter War: Web 3.0 Already Lost To Capitalism?

Musk's Hide & Seek With Bitcoin

If we look back at 2021, a series of tweets by Musk has shown how the year was a rollercoaster regarding his decisions surrounding Bitcoin, and how it impacted the cryptocurrency's value after most of his tweets.

In March 2021, Elon Musk had announced in a series of tweets that people could begin buying Tesla with bitcoin, after which the prices of bitcoin rose about 5% after his tweets. He also clarified that amount paid in Bitcoin to Tesla will be retained as Bitcoin, and not converted to fiat currency.

¡ª Elon Musk (@elonmusk) March 24, 2021

But just after two months of announcing this, Musk reneged on the plan. Explaining in a series of tweets, he raised his concerns over the energy usage and impact on the environment related to processing transactions and mining bitcoin. This U-turn by Musk triggered a 17% slump in Bitcoin¡¯s prices.

Tesla & Bitcoin pic.twitter.com/YSswJmVZhP

¡ª Elon Musk (@elonmusk) May 12, 2021

After his U-turn in May 2021 that caused a slump in Bitcoin prices, another tweet by Musk resulted in its prices jumping next month.

In June 2021, he tweeted that Tesla would begin accepting bitcoin once "there's confirmation of reasonable (~50%) clean energy usage by miners with a positive future trend." This tweet sent Bitcoin¡¯s price up 8%-12%, reaching a three week high on the next day of his tweet.

¡ª Elon Musk (@elonmusk) June 13, 2021

Also Read: Dogecoin Price Surges After Elon Musk Says Tesla Will Accept It For Merchandise Payment

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