Elon Musk once again raised the subject of cryptocurrencies and, more precisely, Bitcoin itself. Musk commented on a number of topics during the ARK investment company podcast. The founder of SpaceX and Tesla called the Bitcoin structure as something brilliant. Musk said that Bitcoin's solutions represent a much better equivalent of paper money. During the podcast, he also stated that Tesla has no plans to implement the cryptocurrency or issue its own token. The founder of Tesla believes that it would not be wise to involve the company's resources in cryptocurrencies.
Supporting the idea of cryptocurren by Muska is quite obvious, because he is the initiator, passionate and the leader of new technologies. During the broadcast, Musk talked about his views on the future of his own companies and what he currently thinks about cryptocurrencies. The most important question that was asked during the podcast referred to the global adoption of Bitcoin as Internet money. In response to this question, Musk said that "the structure of bitcoins is quite brilliant." He also gave the most important (according to him) disadvantage of cryptocurrency, which is high energy consumption during cryptocurrency operations (including minering).##
> "One of the disadvantages of cryptocurrency is the fact that the calculation process is quite energy-consuming. Because of this, there must be some restrictions on creating a crypto. At this point, Bitcoin creation is very energy intensive. Paper money is slowly leaving, and crypto is a much better way to pass value than a piece of paper, that's for sure. "- said Musk during the podcast
# Bitcoin and Elon Musk
The controversy surrounding Muska's online reviews has been going on for several years. From time to time, Musk raises the topic of Bitcoin, often in a fairly humorous way. In October last year, the profile of Elon Muska on Twitter was blocked by entries regarding Bitcoin and anime. In a series of jokes through Twitter, associated with Bitcoin and anime, the social networking team blocked his account because they thought he was simply hacked. Elon, after recovering the account commented on this situation quite prosaically, "Twitter thought I was hacked and blocked my haha account."
Elon Musk was a multiple target for cryptocurrency scams in which hackers denounced Elona and "handed out" cryptocurrencies in exchange for sending 0.1, 0.2 ETH / BTC to the given portfolio address. The hackers occupied verified accounts by the twitter team, after which they changed their name to "Elon Musk" and after the publication of the advertisement they waited for payments from people who trusted them.
What do you think about the words of Elon Muska? We invite you to discussions!