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Mask's support is in cryptocurrency

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Written by   265
11 months ago

Mask's support is in cryptocurrency

Which of the following currencies and cryptocurrencies will Elon Musk support? Those familiar with Tesla's various technology-based initiatives, including Spex, may be able to guess the answer. This time, Musk himself said, his support will go to the cryptocurrency.

“Conventional currency vs. crypto. If I grow a beard, my support will go to the next one. ” - He said in response to a tweet. One Twitter user asked him about the people who were angry with him over crypto.

Mask has previously compared conventional currencies and cryptocurrencies. He also tweeted about it at various times and his influence has been felt in the price of bitcoin and "meme version of digital currency" doscoin.

Last February, Tesla bought Bitcoin worth about 1.5 billion, announcing that it would also take the price of its sold car to Bitcoin. Soon after, Bitcoin reached a record price.

That price fell again when Tesla moved from a position to take car prices to Bitcoin in May. That announcement was also made by Elon Musk.

Earlier this month, Bitcoin prices plummeted once more when the popular comedy sketch show "Saturday Night Live" described the cryptocurrency as a "hustle".

Even two days ago, Mask confirmed that he had not sold any of the doscoin in his collection and would not do so.

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