Elon Musk Drops the Bitcoin ‘Bomb’ on Twitter Once Again

Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining


Tesla and SpaceX chief executive Elon Musk just mentioned Bitcoin again in a cheeky tweet published just minutes ago. Referencing comments he made previously about the leading cryptocurrency, Musk quipped “Bitcoin is my safe word.”

In January, the billionaire said that the leading cryptocurrency is “not [his] safe word.”

This is Musk’s latest jest at Bitcoin and the broader crypto space over the past few months. He regularly tweets about Bitcoin, Dogecoin, and other cryptocurrencies, often in a joking manner.

But he is also a passionate believer in the crypto-asset market.

In an interview with Kathie Wood of ARK Invest, Musk said that he thinks Bitcoin has a “brilliant” structure, though criticized its energy-sapping design. He has also said that he thinks BTC does have some value in a world where fiat money is being printed away at a rapid clip.

He has, to some extent, criticized Bitcoin by saying that it is unlikely to become the world’s base layer for payments.

Related Reading: Here’s Why Ethereum’s DeFi Market May Be Near A Bottom

Billionaires on Bitcoin

While Musk has stated that he doesn’t invest in Bitcoin, there are other billionaires that do and have come out in support of the asset over recent months.

Most recently and notably, Wall Street financier Stan Druckenmiller said to a CNBC audience that he thinks BTC is better than gold in the current climate. Druckenmiller attributed this sentiment to the fact that BTC is a scarce asset and the fact that it does have a lot of support from younger investors.

As these younger investors inherit capital, capital should naturally flow into BTC.

Featured Image from Shutterstock
Price tags: xbtusd, btcusd, btcusdt
Charts from TradingView.com
Elon Musk Drops the Bitcoin 'Bomb' on Twitter in Cheeky Midnight Tweet

Source link



Free Bitcoins: FreeBitcoin | BonusBitcoin

Coins Kaufen: Bitcoin.deAnycoinDirektCoinbaseCoinMama (mit Kreditkarte)Paxfull

Handelsplätze / Börsen: Bitcoin.de | KuCoinBinanceBitMexBitpandaeToro

Lending / Zinsen erhalten: Celsius NetworkCoinlend (Bot)

Cloud Mining: HashflareGenesis MiningIQ Mining

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close