Elon Musk “Supports Bitcoin…I should have bought it 8 years ago”

Tanzeel Akhtar

Source = Heisenberg Media/Wikimedia Common
Source = Heisenberg Media/Wikimedia Common

Tesla and SpaceX CEO Elon Must have made it clear that they support Bitcoin. However, he said, “I think I joined a little late.”

“You should have bought bitcoin eight years ago,” Musk said in a podcast broadcast on Clubhouse, a voice application that only invites to join. “I see bitcoin positively right now. I support it.”

He, Tesla CEO, said that bitcoin, the number one cryptocurrency by market capitalization, “will soon be widely accepted in the existing financial sector. However, he said, “I have no other opinions” about other cryptocurrencies other than Bitcoin.

Musk also mentioned DOGE, which is popular on social media based on meme. He sometimes jokes about Dogecoin, saying, “It was made for fun, but if (Dojicoin) becomes the currency of the future, that would be the most interesting and ironic result.”

“Fate always likes irony.”

Until now, Musk has occasionally mentioned Bitcoin or Dogecoin on Twitter, etc., but has never clearly supported a particular cryptocurrency.

On the 29th, Musk added the tag #bitcoin to the profile of his Twitter account. After he tagged it, the price of bitcoin rose by 15%. Those who want to realize profits in line with this surge have sold $387,000 worth of bitcoin.

Translation: Lim Junhyuk/Coindesk Korea

This story originally appeared on CoinDesk, the global leader in blockchain news and publisher of the Bitcoin Price Index. view BPI.

Reports and press releases should be sent to [email protected].

.Source