Tech News

Talking about Bitcoin brings together Musk and Dorsey

Pinterest LinkedIn Tumblr

Tech billionaires Elon Musk and Jack Dorsey agreed to talk about Bitcoin with each other at an event in July.

And thepromote Dorsey tweeted to an event called The B Word, which aims to encourage companies and institutional investors to adopt Bitcoin.

Read also: Tesla delivers its first 25 Model S Plaids

And theHe said Dorsey Mask: Let’s have a conversation between you and me at this event. You can share all your curiosity. Musk agreed.

The event is scheduled for July 21, according to to his location Via the web, which says: Providing a first-hand experience and a library of content to the investor community, enabling a more informed discussion about the role that Bitcoin can serve to organizations around the world.

Also Read: 4 Reasons Why Bitcoin Is Your First Choice When Trading

Musk’s comments caused huge problems for Bitcoin investors. The head of Tesla initially supported the cryptocurrency. He briefly added the hashtag #bitcoin to his Twitter bio in January.

Furthermore, Tesla announced in February that it had purchased $1.5 billion worth of Bitcoin. You start by accepting it as a method of payment.

Read also: Tesla recalls about 300,000 cars in China

Bitcoin Pool Mask and Dorsey:

In addition, Musk simultaneously posted a number of tweets supporting Dogecoin, which for a short period of time increased its value significantly.

More recently, Musk appears to have retracted his views on Bitcoin. He said last month that Tesla was no longer accepting cars for purchase. Citing environmental concerns about the massive amount of energy needed to mine digital currency.

But earlier this month, Musk said that Tesla will accept the cryptocurrency when it is confirmed that at least half of its bitcoin mining is powered by clean energy. As a result, its value has increased somewhat.

ALSO READ: Bitcoin Drops Below $30,000 Raises Concerns

The world’s number one cryptocurrency fell below the key level of $30,000 earlier. So that wiped out all of its 2021 gains for a while.

Meanwhile, the coin rose again above $33,000. But it’s still down nearly 50 percent from the nearly $65,000 high it reached in April.

Have an article/sponsored post to share? Whatsapp: +2348129656985.

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
Pin It