Elon Musk’s Meme-tastic Tweets About Bitcoin Have Become A Thing: Know his First Tweet about Bitcoin
It’s not uncommon to find people in the technology sector with a lot of confidence in their own ideas. Founders working on their own startups are often cock-sure that they’re going to succeed where others have failed, and think their business is going to be worth millions one day. There are few examples of this kind of self-belief as strong as Elon Musk’s recent Twitter posts about Bitcoin.
Elon Musk has been known to tweet his fair share of odd things. Recently, the tech mogul has been using his social media account as a platform for some rather unusual memes.
If you’ve been keeping up with the world of cryptocurrencies, you’ll know that Elon isn’t the first famous person to recently tweet about Bitcoin. There’s a growing list of celebrities who have publicly endorsed digital currencies and their potential for growth; from boxing legend Floyd Mayweather to actor John Cena. Elon’s recent tweets, however, are something else entirely.
Read on and find out more about Elon Musk and his weird love affair with bitcoin-memes.
In November last 2021, the Tesla CEO sent Twitter into a frenzy after tweeting his first public statement about Bitcoin shortly after it peaked at $20K.
has come out as being a strong skeptic of the potential for cryptocurrency to be adopted as a primary means of transaction. His reasoning is that the space is rife with bad actors who are using it as a means of scamming people for their money through false promises.
Given his high profile in the business, his position on the matter has been noted and will have an impact on how future investors view cryptocurrency going forward. However, he did recently make a statement that sent shockwaves around the world – he claimed that he was “not against” cryptocurrency or any other new fintech innovations. This article will explore his views and what they mean for crypto going forward.
In fact, Musk even extended his support to another Twitter user who suggested that he create a cryptocurrency as part of a philanthropic initiative. However, while many have interpreted these actions as clear indicators of Musk’s support for cryptocurrencies, his actual position is more nuanced than that. Given that his statements have opened him up to criticism from those who think he hasn’t fully understood the implications of this emerging technology, let’s take a closer look at what Mr. Musk actually thinks about cryptocurrencies and how that differs from how we understand them right now…