New Twitter boss and Tesla founder is confident Bitcoin will make it, but there’s a catch
Elon Musk shares a new opinion on Bitcoin (BTC), Saying Cryptocurrency will “make it.” Still, the billionaire says, the crypto winter may be long. Musk’s statements were made during a conversation with angel investor Jason Calakanis and artist DA Wallach.
The conversation began with a question from Calacanis about where BTC may be in a year, when during the past 12 months, it has already fallen from $69,000 to $16,000. In addition, Musk, responding to a user’s joke question about Dogecoin (DOGE), also made it clear that he thinks the same about the memecoin.
Musk gets even more involved in crypto Twitter
With the purchase of Twitter, Musk became more involved in the discussion of cryptocurrency, which is not surprising given the billionaire’s intentions and the crypto Twitter phenomenon. The eccentric billionaire hasn’t shied away from perhaps the loudest crypto topic of the year – the collapse of major crypto exchange FTX.
The fact that Sam Bankman-Fried, head of FTX, had offered to participate in the purchase of Twitter adds spice to the discussion. Musk turned him down at the time, later stating that his refusal was motivated by the fact that he did not believe SBF had the funds he was offering.
“He set off my BS detector,” said Elon Musk.
