A Reddit post that predicted Teslaâ€™s $1.5 billion purchase of bitcoin on Monday has been revealed as a hoax, after the New York Post tracked down the user.
Reddit User Says He Was High on Acid When Writing It
Teslaâ€™s record-breaking bitcoin purchase stunned the markets earlier this week, causing the price of bitcoin to spike to a new high of over $48,000 per coin. Predicting a purchase of this size would require amazing foresight or insider knowledge, something which Reddit users were keen to figure out following a now-removed post from Jan. 2 by a user known only as Tslainsider.
But the identity of that poster has now been revealed by the New York Post, in an article which includes a rather shocking revelation from the 24-year-old political science student stating he was â€œhigh on acidâ€ when he wrote it.
In an email sent on Tuesday, he told the New York Post:
Itâ€™s unclear why the original poster, who we now know is a German national named â€œHendrik,â€ decided to come clean about the post. Given what started as a prank escalated into a story that captured the attention of international news outlets such as Reuters and Bloomberg, Hendrik may have feared legal ramifications if his â€œtrollpostâ€ escalated further.
Hendrik went on to praise Musk for â€œgetting Tesla into the bitcoin gameâ€ in the rest of the interview.
What do you think â€“ amazing foresight or insider knowledge after all? Let us know in the comments section below.