Elon Musk replied on Twitter to CZ, who noted that Tesla bought $1.5 billion worth of bitcoins.
Musk tweeted: "Tesla’s action is not directly reflective of my opinion. Having some Bitcoin, which is simply a less dumb form of liquidity than cash, is adventurous enough for an S&P500 company.
To be clear, I am *not* an investor, I am an engineer. I don’t even own any publicly traded stock besides Tesla.
However, when fiat currency has negative real interest, only a fool wouldn’t look elsewhere.
Bitcoin is almost as bs as fiat money. The key word is “almost”."
He added: "Somehow, a hash text file using ancient crypto can be exchanged for real goods & services!? Amazing."
https://twitter.com/elonmusk/status/1362598034866118658
@BestIco
