Crypto is impossible to destroy, says Tesla CEO Elon Musk
The decentralized nature of cryptocurrencies may be a challenge for the Chinese government, Elon Musk suggested. As global regulators continue to scrutinize the cryptocurrency industry, Tesla CEO Elon Musk has expressed support for crypto, calling it undestroyable.“It is not possible to, I think, destroy crypto, but it is possible for governments to slow down its advancement,” Musk said at the Code Conference in California, CNBC reported Sept. 28.According to the Tesla CEO, the decentralized nature of cryptocurrencies may be a challenge for the Chinese government, which announced a new war....
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Tesla CEO Elon Musk thinks governments should not try to regulate cryptocurrency. “I would say, do nothing,” he recommended. Musk believes that it is not possible to destroy crypto, but governments can “slow down its advancement.”
Elon Musk Says Governments Should ‘Do Nothing’ and Leave Crypto Alone
Tesla CEO Elon Musk discussed cryptocurrency and China on Tuesday at Code Conference in Beverly Hills, California. Responding to a question from New York Times columnist Kara Swisher about whether it is “the right thing” for....
Tesla and Spacex CEO Elon Musk has revealed his priorities for improving Twitter if he successfully takes over the social media platform. Among his promises are to eliminate crypto spam bots, ensure free speech, implement edit functionality, and simplify the account verification process.
Elon Musk’s Twitter Improvement Priorities
Elon Musk, the CEO of Tesla and Spacex, has shared how he plans to improve Twitter if his bid to buy the social media giant succeeds.
Musk agreed to a tweet Friday stating that he will focus on solving “real problems.”....
Tesla CEO Elon Musk says there is no crisis that compels hasty cryptocurrency regulation. He agrees with Coinbase CEO Brian Armstrong that the U.S. government should not pick winners or losers in cryptocurrency innovation. Elon Musk and Coinbase CEO Agree on Crypto Regulation Tesla CEO Elon Musk has chimed in on the heated discussion of the U.S. government picking winners and losers in the crypto space. This followed the endorsement by the White House of a crypto tax amendment to the $1 trillion infrastructure bill that the crypto industry and several lawmakers have opposed. The Tesla CEO....
Tesla CEO Elon Musk has announced that when there is “confirmation of reasonable (about 50%) clean energy usage by miners with positive future trend,” his electric car company will start accepting bitcoin for payments again. Elon Musk Reveals When Tesla Will Resume Accepting Bitcoin Tesla CEO Elon Musk talked about when Tesla will resume accepting bitcoin for payments Sunday. He wrote: When there’s confirmation of reasonable (~50%) clean energy usage by miners with positive future trend, Tesla will resume allowing Bitcoin transactions. Tesla began accepting bitcoin for....
Tesla and Spacex CEO Elon Musk says he has a “super bad feeling” about the U.S. economy. President Joe Biden responded with a list of major investments by large corporations and wished Musk luck on his trip to the moon.
Elon Musk’s Bad Feeling About the U.S. Economy
Tesla CEO Elon Musk said he has a “super bad feeling” about the U.S. economy in an email to executives seen by Reuters.
The email, titled “pause all hiring worldwide,” was sent two days after Musk told staff to return to the workplace or leave. He also said....