Elon Musk cryptocurrency
Tweeting about technology and cryptocurrency, Tesla Inc. CEO Elon Musk has cleared his support for Crypto. He said the “true battle” is between cryptocurrency and fiat currency, and he supports Crypto.
A thread that Elon started comparing magic to technology, someone asked about what he thought about people “who are angry at you because of crypto,” the Tesla Inc. CEO tweeted that the “true battle is between fiat & Crypto. On balance, I support the latter.”
Earlier, Musk cleared out that Tesla hasn’t sold any Bitcoin.
Bitcoin rose after Musk’s post to trade at around $38,150 as of 12:27 p.m.- as reported by London time.
The CEO had made such comments before, where he tweeted in December that “Bitcoin is almost as bs as fiat money.” In February, he explained, saying that “when fiat currency has a negative real interest, only a fool won’t look elsewhere.”
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