Elon Musk has asked his millions of Twitter followers whether to sell 10% of his Tesla stock. The question is what to do with the proceeds, and bitcoin proponents, such as Michael Saylor and Max Keiser, have explained the benefits if he decided to buy BTC with the money. Musk to Sell 10% of His Tesla Stock? The CEO of the world’s largest EV maker took a rather unorthodox approach in regards to his financial future. He asked his multi-million fan base on Twitter whether he...
Read More »Elon Musk Affirms His Position On Doge: It’s the “People’s Crypto”
Elon Musk – the South African billionaire and head of companies like Tesla and SpaceX – is reaffirming his love for Dogecoin and is pushing the asset above all others. Elon Musk Is Big on Doge In recent days, Shiba Inu coin – a growing altcoin and a popular spinoff of Doge – has experienced a massive surge in price. Many are going nuts for Shiba Inu to the point that there is now a petition going between investors and trading platform Robinhood to get the asset added to...
Read More »Musk Hints Tesla May Be On the Verge of Accepting BTC Payments Once Again
Tesla – the electric car company headed by South African entrepreneur and billionaire Elon Musk – has hinted in a recent filing that it may be open to accepting bitcoin and crypto payments for vehicles again in the coming future. Elon Musk Is At It Again Regarding BTC In a statement, Tesla explained: We believe in the long-term potential of digital assets both as an investment and also as a liquid alternative to cash. The news comes at a strange time when many once-anti...
Read More »Shiba Inu Coin Falls Following Elon Musk Tweet
Elon Musk – the South African entrepreneur behind billion-dollar companies like Tesla and SpaceX – has a habit of making currencies go up and down all the time… and the crypto world’s latest asset Shiba Inu coin is no exception. Elon Musk Causes Another Coin to Fall Shiba Inu coin has been breaking all kinds of records and hitting new highs. A spin-off of the popular meme currency Dogecoin, Shiba Inu coin hit a massive record this weekend only to be brought down by a...
Read More »Elon Musk Says He Doesn’t Own Shiba Inu Tokens, Enraging SHIB Hodlers
Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu. Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community. Elon Musk Has no Shiba, Floki, or Any Other Dogecoin Spin-Off And although his puppy’s name is Floki, Elon Musk does not have a single Floki token either. Elon Musk said he...
Read More »The Bitcoin Stash of Elon Musk Has Grown By Roughly $1 Billion
As we all remember, Elon Musk and Tesla shocked the world when back in February, they purchased approximately $1.5 billion worth of bitcoin, the world’s most popular digital currency by market cap. The company was one of the first institutions to add the digital currency to its balance sheet. Today, that $1.5 billion is worth approximately $2.5 billion, meaning Musk and Tesla have grown by about $1 billion in just eight months. Elon Musk Made the Right Choice to Hold...
Read More »Bitcoin Fan Elon Musk Is the World’s Wealthiest Person
Bitcoin “bull” Elon Musk – the South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla – is now the richest man in the world, with a net worth of approximately $222 billion according to the New York Post. Elon Musk Has the Most Money Second is Jeff Bezos, the CEO of Amazon, who at the time of writing, only has a net worth of around $191 billion. Musk couldn’t help but rub the news in Bezos’ face after the Amazon head posted the following...
Read More »You Can Once Again Buy a Tesla with Crypto, but This Has Nothing to Do with Elon Musk
Tesla fans can once again purchase their next vehicles with crypto, though it really has nothing to do with Elon Musk. You Can Buy a Tesla with Crypto, But Musk Isn’t Involved The payment protocols come by way of a new company called Car for Coin, a digital currency marketplace designed to help crypto collectors purchase exotic and rare vehicles with their assets. Among the vehicles for sale on the site are Lamborghinis and, of course, electric Teslas. While there is...
Read More »Elon Musk Hates the Idea of Crypto Regulation
Elon Musk – the South African billionaire and entrepreneur behind mega companies like Tesla and SpaceX – believes that crypto regulation should not exist and that governments should just mind their own business. Elon Musk Doesn’t Care for Governments Getting Involved in Crypto Musk is echoing the age-old argument that digital currencies are designed to be decentralized assets. They are not meant to be overseen by banks or standard financial institutions. Third parties...
Read More »Elon Musk Urged The US Government to Do Nothing with Crypto Regulations
Tesla’s CEO – Elon Musk – believes authorities are unable to “destroy” the digital asset industry. He advised the American government to let crypto “fly” instead of implementing legislation on it. Additionally, he gave his reasons why China has a hostile stance on cryptocurrencies. ‘Just Let It Fly’ In a recent interview with Kara Swisher, the prominent entrepreneur and business magnate – Elon Musk – shared his thoughts on some of the hottest topics in the digital asset...
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