Bitcoin News

Ilan Musk: Bitcoin is a good thing, I support it

According to reports, Ilan Musk, the richest man in the world, while supporting bitcoin, said that soon we will see more acceptance of bitcoin in the traditional economy of the world.

To Report Coin Telegraph Ilan Musk, CEO of Tesla, now the richest man in the world, predicted in a private interview on the Clubhouse platform that Bitcoin is not far from being accepted.

Clubhouse is a social platform for voice chats. Joining these voice chats is only possible by invitation. In a way, Clubhouse is a platform for private conferences.

In this interview, Andressen Horowitz, one of the world’s most famous investors, asked Ilan Musk to comment on Bitcoin.

Musk added the bitcoin hashtag to his Twitter bio three days ago. Following this move, the price of Bitcoin jumped 14% in 30 minutes. Many investors and fans of digital currencies expected Musk to comment positively on bitcoin after the incident.

According to people who listened to the conversation, Musk said:

I think bitcoin is a good thing. I support bitcoin. I think Bitcoin will soon be more accepted by [جامعه] The traditional economy is facing.

James Todar, chief executive of Graymatter Capital, praised Musk’s remarks, saying:

One of the most futuristic inventors of our time [می‌گوید] It lags behind Bitcoin. Right now at Clubhouse, Ilan Musk said that one of his friends gave him a bitcoin-shaped cookie in 2013. Although Musk said he was late to the Bitcoin party, he said he thought Bitcoin would soon become more popular in the economy.

Dan Tapiero, مدیران مدیران T مدیران مشابه مدیران مدیران مدیران.. Dan Dan Dan Dan T Dan T T T T T T T T Dan T T T Dan Dan Dan Dan Dan Dan Dan Dan T T T T T T T T T T T T. T He added:

It feels good that Ilan Musk, my peer who is the richest man in the world, is a supporter of Bitcoin. Gone from [بیل] Gates, ‌[وارن] Texture and [جف] Bezos, senior people in old technology or people who have no activity in the field of technology at all and bitcoin [هم] They are not, we get tired. With the presence of tradition-breakers and with a forward-thinking mind, there may be hope for our generation.

Billionaires like Tim Draper have reportedly asked Musk to adopt bitcoins in their businesses, such as Tesla. This move could lead to a significant jump in this digital currency.

So why did the price of bitcoin fall?

Bitcoin price chart
Bitcoin price chart

Immediately after Musk spoke, the price of Bitcoin fell by 3%. Many believe that the decline in bitcoin prices after Elon Musk’s remarks was due to two reasons. The first factor was that Musk was expected to disclose the amount of his bitcoin assets. The second factor was sales after the news broke. There is an old saying in the market that says, “Buy by spreading rumors and selling by spreading news.”

Reports indicate that the bitcoin situation has weakened since the recent pump, which was triggered by Elon Musk’s tweet on Friday. Traders are currently closely monitoring Bitcoin fluctuations and the digital currency’s response to the $ 34,500 and $ 35,000 resistance. Analysts say not breaking these resistances could cause prices to fall further.


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