Tesla’s decline was fueled in part by Musk’s comments over the weekend that the prices of Bitcoin and smaller rival Ether “do seem high. Bitcoin soars after Elon Musk's Tesla buys US$1.5b of digital coin, plans to accept as payment for its cars. Tesla CEO Elon Musk was involved in another Twitter storm overnight, tweeting that Bitcoin is “almost as BS as fiat money” in spite of Tesla’s recent $1.5 billion investment. Emphasizing that he is an engineer, not an investor, Musk says that bitcoin "is simply a less dumb form of liquidity than cash." I’m not Elon Musk’s biggest fan. Bitcoin price holding steady. In other words, despite his crypto ‘Easter eggs’ on Twitter, Musk seems to believe that the fate of crypto has yet to be decided, and especially their role in the future of finance. The spat began after Schiff senior criticized Elon Musk’s decision to allow Bitcoin payments to buy […] It also announced that Tesla would start accepting bitcoins as a form of payment for its products soon. Elon Musk is no longer the world’s richest person after Tesla Inc. shares slid 8.6% on Monday, wiping $15.2 billion from his net worth. Tesla CEO Elon Musk announced today on Twitter, that the EV manufacturer has begun accepting payment for its range of electric cars in Bitcoin.A Bitcoin payment button has appeared on the Tesla website. The bitcoin price is up by over 260% over the last 12 months. (Bloomberg) -- Elon Musk is no longer the world’s richest person after Tesla Inc. shares slid 8.6% on Monday, wiping $15.2 billion from his net worth. Elon Musk a décidément l'art et la manière de faire bouger les marchés avec son compte Twitter. Recently, advocate for the yellow metal, Peter Schiff, and his Bitcoin maximalist teenage son Spencer Schiff went public with disagreements about their choice of investment. That’s, of course, assuming that Elon … Tesla CEO Elon Musk has declared his support for bitcoin, boosting the price of the cryptocurrency in the process. Musk Backs Bitcoin . In February 2021, Elon Musk, CEO of Tesla (NASDAQ: TSLA), said the company had bought US$1.5 billion worth of bitcoins.. Fri, Feb 19, 2021 - 1:37 PM. The bitcoin price has soared over the last 12 months, climbing to around $50,000 per bitcoin. In a tweet, Elon Musk said Bitcoin prices "seem high". But I won’t lie, as a long-time advocate for Bitcoin both in theory and practice, I welcomed his announcement that Tesla Corp. has a $1.5 billion position in granddaddy of cryptocurrencies. Technology What Elon Musk's bitcoin bet means for Tesla: 5 things to know. Bitcoin vs Gold argument will never get old, at least in the Schiff family. With that, the crypto world has finally received Elon Musk’s official views on crypto and Bitcoin. The U.S. Securities and Exchange Commission (SEC) could investigate Elon Musk over Tesla's $1.5 billion bitcoin purchase, some legal experts have warned, including a former SEC enforcement officer. Elon Musk says Bitcoin is slightly better than holding cash. With governments pumping so much cash into the financial system due to the pandemic, investors are getting concerned about inflation and looking for other places to invest. Tesla and Spacex CEO Elon Musk has clarified his position on bitcoin. Back in 2018, Elon Musk owned only a small amount of cryptocurrency at 0.25 BTC. Musk mengatakan bitcoin yang dibayarkan ke Tesla tidak akan diubah menjadi mata uang tradisional, tetapi dia memberikan beberapa detail lain tentang bagaimana pembayaran bitcoin akan diproses. The key word is “almost”. Speaking on a Clubhouse stream Sunday night, Musk said that Bitcoin was “a good thing.” Tesla’s chief executive, Elon Musk, has said that investing in Bitcoin 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. Bitcoin is almost as bs as fiat money. Despite Elon Musk’s support, the bitcoin price didn’t change much after his interview. Chief executive Elon Musk on Wednesday (March 24) tweeted that "you can now buy a Tesla with bitcoin" and that paying by bitcoin will also be available to … “I do at this point think bitcoin is a good thing,” the billionaire told a chat room on the invitation-only social media app Clubhouse on Monday. During a recent Clubhouse chat, the Tesla founder also spoke about changing mainstream views towards the digital currency. Bloomberg notes that the Tesla CEO's remarks highlight one of the markets' biggest problems right now. Bitcoin slid Monday, pausing its stunning rally after Elon Musk said prices "seem high.". "Bitcoin's dirty little secrets", Bank of America Securities, March 17, 2021. At current prices, 0.88 bitcoins would be enough to buy an entry-level Tesla Model 3. This morning, the cryptocurrency’s price climbed by a little over $1,000, but then it slipped back. The world's most valuable cryptocurrency sank over 10% to a … Billionaire Elon Musk is a huge fan of cutting-edge technology and is usually ahead of the curve when it comes to finance, but he's not a bitcoin bull. Elon Musk said the EV giant is using only internal and open-source software and operates Bitcoin nodes directly. Tesla has done nothing wrong buying bitcoins. The competition was apparently being run by Elon Musk's Tesla team. "I don’t even own any publicly traded stock besides Tesla.” Elon Musk has clarified his stance on Bitcoin. Coinbase. What started off as a meme-inspired parody cryptocurrency has now become the center of a series of tweets in a bitcoin sound-off from Elon Musk. Following Musk's tweet, the bitcoin price soared above $52,000 to a new record high. 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. “Perusahaan akan menggunakan perangkat lunak internal dan open source,” katanya. At best, I see him as equal parts huckster and visionary. Elon Musk was one of the first prominent individuals to embrace cryptocurrencies. Though his favourite is still Dogecoin, he also invested a lot in Bitcoin. More companies might follow suit, but the move also raises investor concerns 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 world’s richest man, Tesla CEO Elon Musk, believes that bitcoin could soon break into traditional finance as he expressed his view on the popular cryptocurrency. ELON MUSK'S electric car company Tesla has bought more than £1billion ($1.5billion) worth of bitcoin (BTC), causing the flagship cryptocurrency to spike to a record-high price. BITCOIN surged to another record on Saturday after reaching more than US$1 trillion in market value for the first time, leaving some of its biggest backers in a state of wonderment. The moves raise questions around CEO Elon Musk's recent behavior on Twitter, where he has been credited for increasing the prices of cryptocurrencies like bitcoin and … ... Elon Musk’s new title is the latest distraction for a company that’s already had too many.
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