Tesla has been buying as a hedge against both the dollar dropping and the powers that be attempting to destroy Tesla stock value after Musk announced he was abandoning Commiefornia. It isn’t a long term investment. Anybody with sufficient buying and selling power, capable of sustaining after a drastic loss, ie governments, can tank a rival currency to the point of absolute destruction. This is part of what kept China as MFN for so long, the threat that they’d dump trillions of US Reserve Notes into the open market in an economic act of war, rendering the dollar near-worthless, potentially on a permanent basis, due to fears about its value being too volatile, thus ending its near century old status as a universal base currency. Another method of destroying Bitcoin would be to simply embargo the clearing houses responsible for their validation and valuation with the cooperation of the key telecom players. This can be done through a mere “crackdown” on “dark net crimes” being “paid for via Bitcoin,” and would include the prohibition of buying, selling and trading crypto among private consumers. Don’t think they can do that? FDR did it with gold seizure in the 1930s and outlawing private gold ownership. The difference being, like with gun ownership in the US, it would be difficult to remove physical stores of precious metals, while crypto could be shuttered practically overnight. Ultimately, even at $100,000 per unit with all 21 million discovered, the entire valuation of Bitcoin would be a mere 2.1 trillion - the amount of money the US Government will dump into a “relief package” for a virus hoax. In essence, a drop in the bucket, and well worth it in their eyes if the time came to snuff rival currencies out of existence.