Elon Musk Declares: Bitcoin Is About To Gain Wide Acceptance
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Answer Elon Musk Declares: Bitcoin Is About To Gain Wide Acceptance
“Elon Musk” is one of the prominent names in the world today, as “Musk” CEO of “Tesla” is the richest man in the world, in addition to having the power of influence that was demonstrated in the past days when he referred to the digital currency “Dogecoin”, which contributed to its rise to record levels.
Then he changed his Twitter profile description to the word “Bitcoin” and the price of Bitcoin rose by more than $4,000 in a matter of hours.

Today according to to source Elon Musk is still talking about Bitcoin and refers to it positively, as he stated:
Bitcoin is a good thing and it is destined to gain public attention.
Read:Ethereum outflow drops to its lowest level in 4 years…what does that mean?
On Sunday evening, Musk said during a chat session at Club House:
I think Bitcoin is on the cusp of gaining widespread acceptance by traditional financiers
I don’t have a strong opinion about other cryptocurrencies.
Musk went on to say that many of his friends had persuaded him to buy bitcoin in the past, but he was told he was late to the party.
The billionaire CEO added that he should have bought some bitcoin in 2013 when a friend introduced him to the cryptocurrency at the time.
Musk also spoke briefly about the digital currency “Dogecoin”, the prank currency that he tweeted about in the past, saying:
Sometimes I make jokes about Dogecoin.
It’s really meant to be just a joke.
We all know that the Dogecoin digital currency is a joke established to clearly mock other cryptocurrencies.
But things are always ironic, and a friend of mine often says that the most ridiculous outcome is Dogecoin becoming the Earth’s currency of the future.
Musk’s comments come three days after he added bitcoin to his Twitter bio and later posted:
Read:More details emerge about the Twitter hack and where the bitcoins were earned
This is inevitable.
Which means that the Bitcoin currency was confirmed.
Bitcoin rose about 15% on Friday after Musk mentioned it, and it is currently trading at $34,400.
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