Tesla CEO “I’m a bitcoin advocate… not interested in other cryptocurrencies”

Tesla CEO “I’m a bitcoin advocate… not interested in other cryptocurrencies”

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(Photo = Forbes)

[Blockchain Today Reporter Ji-Hye Han] Tesla and SpaceX CEO Elon Musk made it clear that he is a Bitcoin supporter.

On the 1st (local time) Elon Musk told the audio-chat app Clubhouse, “You should have bought bitcoin eight years ago. I think Bitcoin is a good thing, and I am a supporter of Bitcoin.

Tesla’s CEO said that bitcoin is the top currency by market capitalization, and that traditional financiers will soon embrace it. Still, he said he was not interested in other cryptocurrencies.

When asked about Dogecoin, which showed interest recently, Elon Musk said, “I often make jokes related to Dogecoin. It will be interesting and paradoxical if Dojicoin becomes the currency of the future Earth.” He added, “I love the irony of life.”

In the past, Elon Musk made fun of the cryptocurrency community by referring to Bitcoin and Dogecoin, but never said that he was a cryptocurrency advocate.

Recently, when Elon Musk posted the hashtag “Bitcoin” on Twitter, the price of Bitcoin rose by 15%. This surge has also resulted in a cash shortfall of $387 million worth of Bitcoin.

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