Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX?
Yes, precisely on July 13th. My personal view is that a businessman, whether Elon or someone else, will definitely find out and know which way the wind will blow, especially when there is a big event.
and of course whatever Elon will do in the future or now, especially after the last events and we know where it will lead if it contributes to the development of digital currencies in the future.
I think it doesn't matter.
and of course whatever Elon will do in the future or now, especially after the last events and we know where it will lead if it contributes to the development of digital currencies in the future.
I think it doesn't matter.
It's all about making money these days. Money talks, right? With Bitcoin spot ETFs approved by the SEC, it would be dumb not to follow the hype. It's in Elon Musk's best interests to keep the money flowing by supporting crypto as much as possible. His businesses will skyrocket if he goes all in.
I'd be suprised if Musk comes up with the announcement of launching his very own cryptocurrency (X Coin, perhaps?). It would trigger a massive bull run on the crypto market. And people would be dumb enough to buy and promote his coin. When will they learn? As long as Elon Musk has a strong influence on the market, crypto won't be going anywhere. It will be driven more by speculation than utility. But who am I to judge people?
