Feb 3, 2021

Elon Musk: “I’m a bitcoin supporter”

02.03.2021

Tesla and SpaceX CEO Elon Musk expressed the opinion that “bitcoin is a good thing” and should get public attention. He also described himself as a BTC supporter.

“Now I think bitcoin is a good thing. I don’t have a definite opinion about other cryptocurrencies,” Musk said during the chat.

He also said that many friends in the past urged him to buy bitcoin, but he was “late for the party.” Musk thinks he should have bought BTC in 2013 when one of his friends told him about the cryptocurrency:

“I’m a bitcoin supporter. I was late to the party, but I am a supporter. I think that bitcoin really is on the verge of widespread acceptance by participants in the traditional financial market.”

A reminder that last Friday, Musk “dispersed” Bitcoin to $37 000 with a mention on Twitter. He changed his profile description to one word: bitcoin. At the same time, he posted a tweet with the text “it’s inevitable” regarding bitcoin, which caused an influx of retail investors into the cryptocurrency industry.

Start using benefits of crypto now!

Read our blog to learn more about cryptocurrency and how you can use it for everyday life.

©2019—2022 BERTES INVEST OU

EXPi trade ® is registered trademark of Bertes Invest OU. Bertes Invest OU (reg. No 12449024) is registered in Estonia with its registration address at Harju maakond, Tallinn, Kesklinna linnaosa, Veskiposti tn 2, 10138, Estonia. Bertes Invest OU operates under Financial services, Providing a virtual currency services license (license number: FVT000291), issued by Estonian Financial Intelligence Unit. Contact phone number: +372 601 9100; e-mail: info@expi.trade.

Risk Awareness

Cryptocurrency is a digital representation of value that functions as a medium of exchange, a unit of account, or a store of value, but their value is completely derived by market forces of supply and demand, and they are more volatile than traditional currencies. Trading or holding funds in cryptocurrencies comes with significant risks, including volatile market price swings or flash crashes, market manipulation. Use EUPi stable coin to secure your funds from market volatility.