Elon musk bitcoin fiat

Tesla CEO Elon Musk defended the company's $1.5 billion investment in Bitcoin, saying it is better than cash, though slightly at best. But even that is enough to make this shift to a digital currency. ”Bitcoin is almost as bs as fiat money. The key word is “almost,”’ said Musk in a tweet.

Bitcoin is almost as bs as fiat money. The key word is “almost”. — Elon Musk (@elonmusk) February 19, 2021 Elon Musk se pronunció al respecto, luego de que recientemente su empresa invirtiera 1.500 millones en el tema del momento: el bitcoin. El magnate y fundador de Tesla y SpaceX sostiene que Tesla’s (TSLA) chief executive, Elon Musk, has said that investing in Bitcoin (BTC-USD) is a “less dumb form of liquidity than cash” after the electric carmarker bought $1.5bn (£1.07bn) of the cryptocurrency. “To be clear, I am not an investor, I am an engineer,” he said on Twitter.

02.07.2021 Elon musk bitcoin fiat

Elon Musk Weighs In. Responding to “Harry Potter” author J.K. Rowling, Elon Musk remarked just minutes ago that he thinks the “massive currency issuance” by governments and central Schiff's was quoting Musk's tweet that bitcoin was a "less dumb" version of cash. "When fiat currency has negative real interest, only a fool wouldn't look elsewhere," Musk tweeted on February 19. Feb 19, 2021 · In his latest tweets, Elon Musk says bitcoin is 'BS" but better than fiat currency. Also alludes to Tesla buying dogecoin if the company's actions were directly reflective of Musk's opinions. Feb 18, 2021 · Tesla Inc CEO Elon Musk on Thursday said that owning bitcoin was only a little better than holding conventional cash, but that the slight difference made it a better asset to hold.

Now considering the fact that in recent times, Musk has shown his support for BTC and even admitted his regret at not purchasing it earlier on 8 years ago.

The point that Musk has made repeatedly is that fiat currencies, like the dollar, are at best a problem. The Firms This time, Musk shocked the industry, writing that the leading cryptocurrency is looking “solid” compared to fiat money.

19 Feb 2021 Elon Musk called Tesla Inc's $1.5 billion Bitcoin bet an “adventurous “When fiat currency has negative real interest, only a fool wouldn't look

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But only just. In a tweet sent on Jan. 19, Musk called Bitcoin “a less dumb form of liquidity than cash.” He then argued that the Federal Reserve’s monetary policy is behind his opinion. Dec 21, 2020 Feb 20, 2021 The user quoted a remark made by Musk last December. "According to Elon Musk 'Bitcoin is almost as much of a hoax as fiat money.' So Musk considers both Bitcoin and fiat money to be bullshit. I agree, I just think that Bitcoin, which is a digital fiat currency, is even more nonsense than the paper fiat currency issued by central banks. Gold is Feb 19, 2021 Feb 19, 2021 Mar 03, 2021 Mar 04, 2021 "According to Elon Musk 'Bitcoin is almost as much of a hoax as fiat money.' So Musk considers both Bitcoin and fiat money to be bullshit. I agree, I just think that Bitcoin, which is a digital Feb 13, 2021 The Bitcoin purchases are a hedge against a devaluating U.S. dollar.

I agree, I just think that Bitcoin, which is a digital Feb 18, 2021 · (Reuters) - Tesla Inc CEO Elon Musk on Thursday said that owning bitcoin was only a little better than holding conventional cash, but that the slight difference made it a better asset to hold. "However, when fiat currency has negative real interest, only a fool wouldn't look elsewhere," Musk said in a tweet. "Bitcoin is almost as bs as fiat money. Dec 20, 2020 · — Elon Musk (@elonmusk) December 20, 2020 He added that he thinks Bitcoin is “almost as bs as fiat money.” See also: Today’s Dogecoin Price Bitcoin is almost as bs as fiat money Jul 20, 2020 · Elon Musk has been quoted severally saying that bitcoin is a brilliant idea and it is better for value transfer than fiat money. Our analysis shows that most Bitcoin Profit investors are crypto Feb 19, 2021 · Electric car billionaire, Elon Musk has continued his divisive opinions about Bitcoin.

Feb 19, 2021 · In his latest tweets, Elon Musk says bitcoin is 'BS" but better than fiat currency. Also alludes to Tesla buying dogecoin if the company's actions were directly reflective of Musk's opinions. Feb 18, 2021 · Tesla Inc CEO Elon Musk on Thursday said that owning bitcoin was only a little better than holding conventional cash, but that the slight difference made it a better asset to hold. The Bitcoin purchases are a hedge against a devaluating U.S. dollar. In a Feb. 20 tweet thread with famous investor and gold-bug Peter Schiff, Elon Musk called the top crypto “almost as BS as fiat money. Feb 19, 2021 · "However, when fiat currency has negative real interest, only a fool wouldn't look elsewhere," Musk said in a tweet. He also defended Tesla's action to invest in bitcoin, saying that the "Bitcoin is almost as bs as fiat money.

In fact, Musk went on to call Bitcoin “almost as bs as fiat money,” adding that since fiat currency has a negative real interest, “only a fool wouldn’t look elsewhere.” Bitcoin’s market has grown tremendously over the last year. It kicked off 2021 at around $29k and at the time of writing, was being traded at over $50k. Musk ultimately went on to state that “Bitcoin is almost as bs as fiat money”. This is not the first time that Elon Musk tweeted something like this.

Rob Maurer For all of today's Tesla news, please see the included video. ➤ Elon Musk tests positive and negative for COVID-19 ➤ FDA document The aerospace company is known for being at the forefront of innovation.

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Feb 20, 2021

Tesla’s investment in Bitcoin [BTC] has helped push the digital asset to a new all-time high on the price charts. However, according to Tesla’s CEO Elon Musk, the $1.5 billion invested in BTC was “adventurous enough” for it. Musk’s statement was a response to CZ after the CEO of Binance, Changpeng Zhao, told Bloomberg, “I’m […] Elon Musk, the chief executive of Tesla, recently announced his company had bought US$1.5 billion (almost A$2 billion) of Bitcoin. The announcement led to a flurry of enthusiasm and a quick surge Musk added that “when fiat currency has a negative real interest, only a fool wouldn’t look elsewhere.” Bitcoin is almost as b.s. as fiat money.