This newsletter is sponsored by PHEMEX, the world's best crypto exchange for both spot and leverage. Sign up with the link above and get some free Bitcoin. I really encourage you to check them out.IF YOU HAVE ANY ISSUE WITH THE NEWSLETTER OR YOUR SUBSCRIPTION, PLEASE CONTACT: PREMIUMSUPPORT@GETREVUE.COElon Musk is one of us.As I have said countless times, Elon Musk is a supporter of Bitcoin. He owns it, Tesla owns it, and SpaceX owns it. He also made it crystal clear that none of these entities will be selling Bitcoin in the future.During his panel interview with Jack Dorsey and Cathie Wood, Musk left no ambiguity as to where he stands, sharing the most honest takes on Bitcoin and cryptocurrency he has ever made. He wasted no time clearing the air. Below are some of his more notable quotes: “I've thought about money for a while, money is an information system for labor allocation, it exists in heterogeneous databases. It makes sense to support something that improves the quality of information that supports the economy, Bitcoin is a candidate.”  “Bitcoin has a lot of potential. There is a lot at stake, in general, I am a supporter of Bitcoin.”“I own the most BTC by far, and then some ETH, and some DOGE.”  He was eager to clarify his position on Doge.“The Doge community is somewhat irreverent and has great dogs and memes. It does not take itself too seriously. There is Occam's Razor, and then the idea the most ironic statement is the most likely true, and then my belief that the most entertaining statement is the most likely true. Doge is both of the last two, it is both ironic and entertaining that a joke is almost the leading cryptocurrency.”It should be obvious now that Musk does not truly believe that Doge is a candidate to be the currency of the future, but he does believe that the qualities that make Doge unique can teach us some lessons about Bitcoin. It does appear that Musk is well informed on the merits of Bitcoin and that critics choose to paint him poorly. At one point, he mentioned Bitcoin hasn’t upgraded since its inception and this received a lot of criticism. Musk was alluding to the scalability of Bitcoin and that there haven’t been major changes - not that it has never changed at all.I also give Musk a lot of credit for putting the pressure back on Dorsey and asking when Twitter will accept Bitcoin for advertisements. Dorsey dodged the question. Furthermore, Musk followed up by stating that Tesla’s acceptance of Bitcoin isn't for Tesla, but rather is for the advancement of Bitcoin.Tesla will likely begin accepting Bitcoin again. Musk acknowledged that Bitcoin’s renewable energy consumption trend is positive. He also pointed out during the discussion that Tesla’s announcement of a Bitcoin purchase caused collateral damage to the environment. His logic was that price increased, hash increased, and non-renewable consumption followed. He said it wouldn't have been possible for renewable energy to come onto the network as fast as the total hash increased. He also make it clear that he is well aware of his effect on markets, and would never sell into rising price caused by his tweets."I might pump, but I don't dump."At the end of the day, Musk is our ally and will continue to support Bitcoin in his own unique way. Let's put this topic to bed. In This Issue:Elon Musk Is A Hero AgainBitcoin Thoughts And AnalysisAltcoin ChartsLegacy MarketsChart RequestsTip: Take a 3% Profit On Every Trade for A MonthBitcoin Mining ETF Set To Launch71% Of Institutional Investors Plan To Buy Or Invest In Digital AssetsThe Wolf Of All Streets Podcast Ft. Sam Bankman-FriedMy Recommended Platforms And Tools