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'Impossible to fake energy': Elon Musk reverses stance, now backs Bitcoin — What he said - The Times of India
Summary by Times of India
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1 Articles
'Impossible to fake energy': Elon Musk reverses stance, now backs Bitcoin — What he said - The Times of India
Elon Musk has once again highlighted Bitcoin's energy-backed foundation, contrasting it with easily debased fiat currencies. This aligns with his long-held view of Bitcoin's intrinsic value. Despite past environmental concerns with Tesla accepting Bitcoin, both Tesla and SpaceX reportedly hold significant Bitcoin reserves, suggesting continued faith in the cryptocurrency's potential amidst market fluctuations.
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