Elon Musk says he has bought Dogecoin for his son after relentlessly tweeting about the cryptocurrency for days and boosting its value to an all-time high. The value of Dogecoin, which was created based on a popular dog meme, has surged 137 percent in the last week alone, according to CoinMarketCap data. Continue reading Elon Musk says he HAS bought Dogecoin for his son “Lil X”
Elon Musk might be burning through cash as he seeks to steady the teetering Tesla ship, but hedge funder Mike Novogratz hinted that he would be first in line to invest in his fellow billionaire’s other high-profile project, SpaceX. If SpaceX ever launched its stock on a cryptocurrency network, that is. Continue reading Billionaire Elon Musk Should Turn SpaceX Stock into a Cryptocurrency
Elon Musk is one of the inarguably one of the world’s greatest minds. He’s been part of Zip2, X.com, SpaceX, Tesla, SolarCity, Hyperloop, OpenAi, Neuralink and now The Boring Company (with flamethrowers). Continue reading Elon Musk Continues to be Curious About Cryptocurrencies
Elon Musk has revealed his personal cryptocurrency holdings. 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 hsoting 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.