Musk, who revealed last month that he was in a position to receive a payment in bitcoin, made the comments in an extensive interview in the Clubhouse app that also covered the manned missions to Mars and Musk Neuralink’s brain-machine implantable interface.
“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 – whose bitcoin tweets joke and rival dogecoin cryptocurrency make the market move – raised the value of bitcoin particularly when it gave bitcoin an undeclared approval so expected as a result of restrictions on trading company shares that have become a battlefield. bullish retail investors organized through Reddit’s WallStreetBets forum and Wall Street’s coverage budget that has long promoted stocks.
“I have to be careful what I say, the market can,” Musk said through Clubhouse, referring to the strength of his nearly forty-five million twitter followers.
“The most entertaining end result would be for dogecoin to become the currency of the earth in the future. I sometimes make jokes about dogecoin, but they are meant to be jokes. Dogecoin was made as a joke. make cryptocurrencies laugh, but fate loves irony. “
The value of bitcoin, after falling below the $30,000 consistent with bitcoin last week, suddenly rose 20% in line with last week after Musk replaced his Twitter biography with “#bitcoin” and posted, “In retrospect, it’s inevitable. “
The value of bitcoin has fallen since Musk’s tweet, giving up almost all of his short-lived profits.
Musk’s most recent reviews about Clubhouse so far have failed to move the value of bitcoin, with top expectations before the interview that it would possibly have a Bitcoin ad connected to Tesla ready.
In December, Musk hypothesized that his electric car manufacturer could simply load bitcoins into his balance sheet on a public exchange on Twitter when he asked if it was imaginable to convert billions of Tesla dollars into bitcoins.
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