Elon Musk was a guest in Cathie Wood’s X Spaces on December 21 to “discuss the future.” Musk owns X (formerly Twitter), while Wood is the CEO and CIO of Ark Invest, an investment management firm interested in crypto.
Notably, the well-known multi-billionaire and CEO of Tesla Inc (NASDAQ: TSLA) showed a lack of interest in crypto when asked about Bitcoin (BTC), its potential impacts on the financial and monetary system, and Tesla’s holdings.
“Honestly, I have to say I don’t spend a lot of time thinking about cryptocurrencies. Hardly any at all.”
— Elon Musk (01:15:32)
https://t.co/LAdIzl7QAa
— Cathie Wood (@CathieDWood) December 21, 2023
Elon Musk on the nature of money: ‘Information moving on a network’
Nevertheless, Elon Musk continued by saying he has been thinking for a long time about the nature of money.
“What is money? It is really a database for resource allocation. (…) Fiat currencies are actually fine as a database for resource allocation if you hav
We współpracy z: https://finbold.com/elon-musk-describes-how-to-solve-the-money-problem-is-it-crypto/
