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

Tesla and SpaceX chief executive Elon Musk pleasant talked about Bitcoin again in a cheeky tweet printed pleasant minutes ago. Referencing comments he made previously about the main cryptocurrency, Musk quipped “Bitcoin is my valid word.”

Bitcoin is my valid word

— Elon Musk (@elonmusk) December 20, 2020


In January, the billionaire talked about that the main cryptocurrency is “no longer [his] valid word.”

Here’s Musk’s newest jest at Bitcoin and the broader crypto verbalize over the previous few months. He on a typical basis tweets about Bitcoin, Dogecoin, and a host of cryptocurrencies, in overall in a joking manner.

However he’s additionally a passionate believer in the crypto-asset market.

In an interview with Kathie Wood of ARK Invest, Musk talked about that he thinks Bitcoin has a “brilliant” growth, although criticized its vitality-sapping assemble. He has additionally talked about that he thinks BTC does include some cost in an global where fiat money is being printed away at a rapid clip.

He has, to a degree, criticized Bitcoin by announcing that it is no longer going to alter into the world’s hideous layer for funds.

Related Discovering out: Here’s Why Ethereum’s DeFi Market Can also Be Near A Backside

Billionaires on Bitcoin

While Musk has talked about that he doesn’t make investments in Bitcoin, there are a host of billionaires that kill and include reach out in beef up of the asset over current months.

Most no longer too long ago and particularly, Wall Avenue financier Stan Druckenmiller talked about to a CNBC target audience that he thinks BTC is perfect than gold in the present native weather. Druckenmiller attributed this sentiment to the indisputable truth that BTC is a scarce asset and the indisputable truth that it does include a range of beef up from youthful merchants.

As these youthful merchants inherit capital, capital ought to naturally drift into BTC.

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Elon Musk Drops the Bitcoin 'Bomb' on Twitter in Cheeky Heart of the evening Tweet

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