Technology What Elon Musk's bitcoin bet means for Tesla: 5 things to know. 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. Coinbase. 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. Bitcoin price holding steady. 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. That’s, of course, assuming that Elon … The bitcoin price has soared over the last 12 months, climbing to around $50,000 per bitcoin. "Bitcoin's dirty little secrets", Bank of America Securities, March 17, 2021. Though his favourite is still Dogecoin, he also invested a lot in Bitcoin. Bitcoin is almost as bs as fiat money. 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. Elon Musk said the EV giant is using only internal and open-source software and operates Bitcoin nodes directly. 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. During a recent Clubhouse chat, the Tesla founder also spoke about changing mainstream views towards the digital currency. 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. Tesla and Spacex CEO Elon Musk has clarified his position on bitcoin. 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. In a tweet, Elon Musk said Bitcoin prices "seem high". With that, the crypto world has finally received Elon Musk’s official views on crypto and Bitcoin. 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. This morning, the cryptocurrency’s price climbed by a little over $1,000, but then it slipped back. 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. 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. Back in 2018, Elon Musk owned only a small amount of cryptocurrency at 0.25 BTC. More companies might follow suit, but the move also raises investor concerns 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. 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 … 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. 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 was one of the first prominent individuals to embrace cryptocurrencies. “Perusahaan akan menggunakan perangkat lunak internal dan open source,” katanya. Bitcoin vs Gold argument will never get old, at least in the Schiff family. At best, I see him as equal parts huckster and visionary. The spat began after Schiff senior criticized Elon Musk’s decision to allow Bitcoin payments to buy […] Fri, Feb 19, 2021 - 1:37 PM. (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. Following Musk's tweet, the bitcoin price soared above $52,000 to a new record high. The world's most valuable cryptocurrency sank over 10% to a … Emphasizing that he is an engineer, not an investor, Musk says that bitcoin "is simply a less dumb form of liquidity than cash." Bloomberg notes that the Tesla CEO's remarks highlight one of the markets' biggest problems right now. 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. It also announced that Tesla would start accepting bitcoins as a form of payment for its products soon. 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 key word is “almost”. 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. At current prices, 0.88 bitcoins would be enough to buy an entry-level Tesla Model 3. The competition was apparently being run by Elon Musk's Tesla team.
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