Elon Musk Discusses Merits Of Bitcoin, Reveals SpaceX Holds BTC

Elon Musk Discusses Merits Of Bitcoin, Reveals SpaceX Holds BTC

Tesla CEO Elon Musk discussed his bitcoin investments and outlook in a live stream with Twitter CEO Jack Dorsey, ARK Invest’s Cathie Wood.Billionaire Tesla CEO Elon Musk discussed Bitcoin during a live-streamed session of The ₿ Word event, saying that he supports and holds the original cryptocurrency, as does his aerospace company SpaceX.“[Bitcoin] has an open ledger, which is quite good. But transaction volume is low, transaction cost is high and usability for the average person is not yet very good but has a lot of potential,” Musk said, while wearing a t-shirt that touted Bitcoin as the....


Related News

Elon Musk Reveals Spacex Owns Bitcoin, He Personally Owns BTC, Ethereum, Doge...

Spacex and Tesla CEO Elon Musk has revealed that he personally owns bitcoin, ethereum, and dogecoin. Meanwhile, his companies, Spacex and Tesla, own bitcoin. He also said that bitcoin’s energy usage “is shifting a lot more toward renewables,” and Tesla will likely resume accepting the cryptocurrency after he does more due diligence. Elon’s Cryptocurrencies: Bitcoin, Ethereum, Dogecoin The Bitcoin event “B Word,” which took place Wednesday, featured a live discussion with Tesla and SpaceX CEO Elon musk, Square and Twitter CEO Jack Dorsey, and Ark Invest....

Elon Musk Changes Twitter Profile to Bitcoin, Tweets ‘It Was Inevitable’ — BT...

Elon Musk has changed his Twitter profile to just “#bitcoin.” The Spacex and Tesla CEO also tweeted, “In retrospect, it was inevitable.” The price of bitcoin immediately soared. Elon Musk’s Bitcoin Twitter Profile and Tweets Spacex and Tesla CEO Elon Musk changed his Twitter profile to “#bitcoin” on Friday morning. He also made a cryptic tweet that says, “In retrospect, it was inevitable.” At the time of writing, his tweet has been liked over 152.6K times, retweeted 22.2K times, and commented on 12.8K times. The billionaire entrepreneur....

Elon Musk: “I Am A Supporter Of Bitcoin”

Elon Musk, CEO of SpaceX and Tesla, voiced his support and optimism for Bitcoin during a conversation on Clubhouse. The post Elon Musk: “I Am A Supporter Of Bitcoin” appeared first on Bitcoin Magazine.

Elon Musk Endorses Cryptocurrency for Martian Economy

Spacex and Tesla CEO Elon Musk, widely believed to be the man taking humanity to Mars and building a permanent settlement there, tweeted his approval of the idea that Mars’ economy will run on cryptocurrency. Elon Musk Envisions Mars’ Economy Run on Cryptocurrency Elon Musk believes that Mars’ economy will be run on cryptocurrency. He said early this month that he is “highly confident” that his company Spacex will land humans on Mars “about six years from now.” He further noted that it could even come as early as 2024 “if we get lucky.”....

Elon Musk Says Holding Bitcoin Is Less Dumb Than Cash, Disputes Peter Schiff’...

Tesla and Spacex CEO Elon Musk has clarified his position on bitcoin. Emphasizing that he is an engineer, not an investor, Musk says that bitcoin “is simply a less dumb form of liquidity than cash.” Musk also disputed gold bug Peter Schiff’s claims about bitcoin and commented on the price of the cryptocurrency. What Elon Musk Thinks About Bitcoin The CEO of cryptocurrency exchange Binance, Changpeng Zhao, was interviewed by Bloomberg Thursday after the demand for dogecoin on his exchange soared. He commented on Elon Musk’s enthusiasm towards the meme cryptocurrency....