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Elon Musk Says Bitcoin Suitable for Store of Value, Dogecoin for Transactions as Time Names Him Person of the Year

Tesla CEO Elon Musk, who has been named Time Magazine’s Person of the Year, says bitcoin is suitable as a store of value while the meme cryptocurrency dogecoin is more…

Continue ReadingElon Musk Says Bitcoin Suitable for Store of Value, Dogecoin for Transactions as Time Names Him Person of the Year

Elon Musk Lets Twitter Poll Decide if He Should Sell $20 Billion in Tesla Stock — Investors Suggest Buy Bitcoin

Tesla and Spacex CEO Elon Musk has asked his Twitter followers whether he should sell his Tesla stock. He has also promised to abide by the results of the poll.…

Continue ReadingElon Musk Lets Twitter Poll Decide if He Should Sell $20 Billion in Tesla Stock — Investors Suggest Buy Bitcoin

Tesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme

Tesla is currently holding bitcoin worth $1.26 billion on its balance sheet, the company’s third-quarter earnings report shows. The electric car company reported a bitcoin-related impairment of $51 million in…

Continue ReadingTesla Hodls Bitcoin in Q3, Elon Musk Tweets BTC at $69K Meme

Tesla CEO Elon Musk Opposes Governments Regulating Crypto, Says They Should ‘Do Nothing’

Tesla CEO Elon Musk thinks governments should not try to regulate cryptocurrency. “I would say, do nothing,” he recommended. Musk believes that it is not possible to destroy crypto, but…

Continue ReadingTesla CEO Elon Musk Opposes Governments Regulating Crypto, Says They Should ‘Do Nothing’