In a notable exchange on the social media platform X (formerly Twitter), Tesla and SpaceX CEO Elon Musk voiced his astonishment about Bitcoin in reaction to a tweet from Cathie Wood, CEO of Ark Invest. Wood’s tweet, which resonated with Musk, shed light on the extraordinary statistics characterizing the Bitcoin network, eliciting a simple yet profound response from Musk: “Wow.”
Wood’s message on X emphasized the unmatched magnitude of the Bitcoin network, stating, “Bitcoin is backed by the largest computer network in the world, a network orders of magnitude larger than the combined size of the clouds that Amazon, Google, and Microsoft have built over the last 15-20 years.”
Wow
— Elon Musk (@elonmusk) January 19, 2024
Bitcoin Is 500x More Powerful Than Supercomputers
This bold assertion was anchored in a tweet from Yassine Elmandjra, Director of Digital Assets at ARK, who aimed to counter the recent skeptical comments made by JPMorgan Chase CEO Jamie Dimon. During an even
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