Bitcoin Could Hit 10% Adoption Rate By End Of The Decade

“Lettuce hands” is an expression some people use to describe an investor who sells their Bitcoin at the first sign of trouble, often at a loss.

Because “Elon Musk has lettuce hands because he sold 75% of Tesla’s Bitcoin holdings in the second quarter.”

The above sentence is more than an example; it happens to be the truth. During Tesla’s quarterly results webcast last week,

Musk admitted to dumping some $936 million of Bitcoin to raise cash out of concern of an economic pullback due to pandemic lockdowns in China.

The chief executive said he sold for a “realized gain,” but some people online have some serious doubts.

To be fair, Musk added that he was open to buying more in the future.

But to many Bitcoin fans and advocates, his decision to sell feels like a betrayal