Elon Musk about Blockchain
The cryptoindustry is a unique market, a unique nature that can change even from the statements of one person. Especially if this person is Elon Musk. Most recently, the head of Tesla posted an entry with the hashtag of the first cryptocurrency. As a result – an instant rise in price and an increase in the activity of system users. And today, the billionaire again spoke about the digital principles of the Blockchain, spoke about its advantages and possible prospects. In fact, speech is more important than it seems, and definitely needs detailed analysis. To which our today’s article is devoted. So, without further ado, let’s proceed to the consideration of the theses announced by Elon.
Why is Musk influencing the industry?
But first, about why Elon’s opinion should be listened to and why his statements are directly reflected in market positions. Everything is quite simple: an entrepreneur has a huge credit of trust. Individual users and entire organizations literally admire Ilon, listen to his every word and, based on the information received, make their own decisions. This is not entirely the right approach, because even the greatest minds of our time can be wrong, nevertheless, Musk is a significant figure. The specificity of his activities also affects. After all, an entrepreneur is directly related to the development of high technologies. Many of which are produced under the supervision of his businesses. What are digital chips that are already being tested today and will soon be able to be used by people.
However, we deviated from the topic. Elon Musk is well aware of his importance for the industry, and therefore speaks specifically, without exaggeration. In his recent interview with the Clubhouse portal, the entrepreneur brought up the topic of Blockchain, finally explaining his position. Which is discussed in detail in the next section.
What does the entrepreneur say?
First, Musk is open about being a proponent of next-generation protocols. In his opinion, Blockchain has a great future. Also, the entrepreneur speaks positively about the first cryptocurrency. According to Elon, Bitcoin is closer than ever to universal acceptance and use at the global level. However, many consider this comment to be rather reckless, because, for example, just recently India announced its intention to consider a complete ban on digital assets. Elon also said that the idea of acquiring a cryptocurrency arose a long time ago, but so far the purchase of assets has been postponed. Musk also admits that he was delayed in opening a Bitcoin account and would have gladly invested in the coin earlier. Note that in response to the question posed, Elon only touches on the first cryptocurrency.
The billionaire’s relationship to other digital assets is still unclear. The only thing that is known for sure is his frivolous attitude towards the DOGE currency. There are no opinions about Ethereum, Ripple and other large coins yet. By the way, this time the discussion of cryptocurrencies did not affect the rate of any of the coins. Perhaps because the parsing of the Blockchain did not happen to the general public. Indeed, after the publication of the hashtag with Bitcoin on his own Twitter, Elon increased the value of the asset by 15%. The billionaire promised to be more careful with his statements, observing their role in the cryptoindustry.
It is wonderful that such leading figures of our time as Elon Musk openly discuss and praise Blockchain. It is possible that the previously made statements are the first step towards developing your own project in the cryptoindustry. And we have no doubt that if such a decision from Musk sees the light, it will create a real sensation. The main thing is to follow the news of the cryptoindustry, Blockchain and high technologies. To stay updated on the latest events in this world, check out our news feed. We publish only high-quality, interesting material. Thank you for attention. Good luck!