Led by Elon Musk bought Tesla famous 1.5 billion dollars worth of Bitcoin At the beginning of 2021 and announced plans to accept BTC as payment for its products.
Over the course of months, Musk – proclaimed concerned about the huge amounts of energy required to ensure the Bitcoin network – that Tesla would no longer accept Bitcoin for payment before he was satisfied that Bitcoin did not contribute to climate change.
A little has been heard since Musk regarding Bitcoin, except for Tesla, who dumped 75% of its Bitcoin stack in the middle of 2022, not far from the epic bottom of the crypto winter.
In fact, Musk has apparently gone out of its way not to be drawn into Bitcoin discussions waved away Cathie Wood during an online chat more than a year ago as she tried to get the topic up and keep his distance from the Trump administration’s plans regarding crypto.
Interest renewed?
However, that may have changed today. In the pre-daggry hours, Musk took the time to respond to a Zerohedge X insert that tried to explain gold, silver and bitcoin on or near record heights.
“Money is not the problem: AI is the new global weapons race and Capex will eventually be funded by governments (US and China),” ZH said. “If you want to know why gold/silver/bitcoin is soaring, it is the ‘down -based’ to finance the AI weapon race … but you cannot print energy,” concluded ZH.
“True,” Musk replied. “That’s why Bitcoin is based on energy: You can issue fake Fiat currency and every government in history has done so, but it is impossible to false energy.”
Whether this means that Musk’s full engagement with Bitcoin is back to see, but the Mercurial Business Leader seems to be aware of “down -based trading.”
