Tuesday, October 19, 2021
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Elon Musk Just Dropped the Bitcoin Bomb in Twitter… Again

On Twitter, Elon Musk just name-dropped Bitcoin once more. The Chief Executive of SpaceX and Tesla recently replied Masie Williams’ Bitcoin question with the comment: “Toss to Ur Witcher a bitcoin.”

This is not the first time, in these lines, he has made a joke. “Referring to his infatuation with the Dogecoin cryptocurrency, he tweeted “Toss a Dogecoin to Ur Witcher.”
Although Musk is joking about Bitcoin, the cryptocurrency claims that the commodity has certain intrinsic value. Responding to J.K., Rowling author of “Harry Potter” who asked about Bitcoin, he wrote: “Pretty much, although massive currency issuance by govt central banks is making Bitcoin Internet money look solid by comparison.”

He also spoke about cryptocurrencies in a related way on earlier days. He said that the cryptocurrency is “brilliant” in structure, speaking to ARK Invest, the Wall Street alternative investment firm. He did confess, however that he feels there are pitfalls to the cryptocurrency that it is incredibly power consuming.

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