The billionaire CEO of SpaceX and Tesla told Twitter followers that he, in fact, has never purchased cryptocurrency, and only holds a small amount of Bitcoin gifted by a friend.
The tweet was made in response to scam posts on Twitter claiming to be Mr. Musk requesting Ethereum. It’s an issue that has plagued the Twitter network, with scammers impersonating blockchain figures such as Vitalik Buterin in attempts to steal users cryptocurrency. Twitter users are warned to never send cryptocurrency to anyone claiming to be hosting a giveaway or event.
Whilst the businessman may not own cryptocurrency, it was reported in 2016 that he was not against the technology. When appointed to Trump’s team of advisers he declared that Bitcoin was, in fact, a “good thing”, although he did not elaborate in great detail.
Elon Musk’s lack of involvement with cryptocurrency is interesting, as decentralized technology firmly aligns with his professed aspirations for a better human society. Whether his involvement will change as blockchain technology develops remains to be seen.
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