Elon Musk: Bitcoin at the breaking point of acceptance

Musk, who revealed last month that he was in a position to receive a payment in bitcoins, commented in an interview on the Clubhouse app.

“At this point, I think bitcoin is a smart thing,” Musk said in a crowded chat room at the Clubhouse. “I’m a supporter of bitcoin. I’m late for the party, but I’m a supporter. be widely accepted by other people from classical finance. “

Last week, Musk, who tweets about bitcoin and jokes about the cryptocurrency’s rival, dogecoin, moves the market, sent the value of bitcoin much higher when it gave bitcoin the long-awaited implied support.

The value of bitcoin, after falling below $ 30,000 according to bitcoin last week, suddenly jumped 20% after Musk replaced his Twitter bio with “#bitcoin” and posted: “In hindsight, it’s inevitable. “.

I am a journalist with significant experience in the fields of technology, finance, economics and business around the world. As founding editor of Verdict. co. uk, I pointed out that

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