2013
- The digital currency based on a meme*
and it all started as a simple joke xD
and it turned out that in 2017, the coin crossed a new milestone: a market value of 2 billion a complete madness.
October, 2014
- Elon Musk argued that Bitcoin would be used mainly for illegal transactions*
Musk was interviewed by Walter Isaacson on stage at Vanity Fair's New Establishment Summit. At one point, Isaacson asked the Tesla CEO if he believed #Bitcoin would hurt fiat currencies, to which he responded:
Then Musk added:
Elon Musk implied that he did not own BTC at the time.
December, 2017
- in 2017 Musk said he had never heard of Bitcoin*
an employee of the nonprofit crypto-research institution CoinCenter tweeted musk asking him if he had created Bitcoin to which he replied that he had never heard of it by linking to a satirical article on The Onion titled "Bitcoin crash reveals possible vulnerabilities in imaginary internet money."
February, 2018
- Musk comments on crypto scams on Twitter and reveals the amount of BTC he has in his possession*
Musk responding to some tweets said "I literally have zero cryptocurrencies other than .25 BTC that a friend sent me many years ago," he also revealed, which seems to check with the aforementioned comment about his crypto holdings. At the time, his BTC tokens amounted to about $2,531 USD.
February 2019
- Musk says that the structure of Bitcoin "is quite brilliant", adding that "Ethereum also has its merits".*
for the first time since 2014- made some serious comments on the subject!
- However, in response to a question about whether Bitcoin will become the Internet's only native cryptocurrency, Musk said:
Musk then stressed that "it would not be a good use of Tesla's resources to get involved in crypto," because his company is "trying to accelerate the advancement of sustainable energy." He therefore pointed to high energy consumption as one of its disadvantages:
March, 2021
- Elon Musk decides to collaborate with bitcoin!
instead, after his 2019 answer that he would not involve Tesla in cryptocurrencies, Elon Musk now announces that it is now possible to buy a Tesla with bitcoin.
The fact is that the crypto world has always generated controversy and mixed opinions. But little by little the power of the blockchain as a new form of value transaction has been realized. Elon Musk is aware of that power and he's not about to let it go.
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