Wednesday, April 24, 2024

Elon Musk Says He Supports Crypto in the Battle with Fiat Money

Elon Musk, the CEO of Tesla has recently tweeted that in a battle between the fiat and cryptocurrencies, he is supporting crypto.

On Twitter in a reply to the user who asked Elon what his thoughts were about the people who were angry at him just because of the crypto; he said, “The true battle is between fiat & crypto. On balance, I support the latter,”

Moreover, Musk has previously compared the bitcoin to fiat money; however, he often tweets about the cryptocurrencies that have sent the values for bitcoin as well as the meme digital currency like dogecoin high or low.

Mehjabeen Qasim
Mehjabeen Qasim
Business Journalist at Startup Pakistan

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