Musk Says He Did Not Create Bitcoin

Musk dispelled the rumours that he is the creator of Bitcoin. However, he did share who he thinks he is. Elon Musk, the CEO of Tesla and SpaceX, denied the allegations that he was the creator of Bitcoin. Musk talked about all things crypto in a Tuesday podcast appearance, touting his favourite crypto, Doge. He also discussed who the original creator of Bitcoin might be. Musk responded to a question about the rumours that he was Satoshi Nakamoto, the pseudonymous…

Musk Piles Into Tech CEO Twitter Fight Over Crypto

Multiple billionaires engaging in Twitter drama is not something you see every day. Yet that's just what happened - a Twitter fight featuring multiple tech CEOs, from Jack Dorsey to Elon Musk. The reason for the fight? Crypto and Web3. And with so much money in the space, it is no wonder discussions can turn heated. It all started when Jack Dorsey, CEO of Block and former CEO of Twitter, called out Web3. This drew ire from Web3 investors, leading to…

Dogecoin soars after Elon Musk says Tesla will accept it as payment for merch

The world of cryptocurrencies has been living, for several years now, in a hype that no other sector can claim to have in our age. Although a biased perception of reality often generates manias, this industry deserves everyone's attention.  Even in the early 2000s, the invention of the internet created enormous euphoria in the financial markets. However, the bursting of the famous dot-com speculative bubble did not stop the web sector from growing and revolutionizing our economy. Excluding the current…

Elon Musk: Dogecoin Is Better Than Bitcoin For Transactions

Elon Musk’s love of Dogecoin is nothing new, but he’s starting to give it serious praise beyond just memes. He recently claimed that while Bitcoin makes a good store of value, Dogecoin trumps it as a medium of exchange. Musk has criticized Bitcoin for its low transaction throughput, but the Bitcoin community generally disfavors his solutions. Dogecoin Over Bitcoin? Musk – who was recently named Time’s “Person of the Year” – spoke in an interview with the magazine released today.…

Musk Says Web 3.0 Sounds Like BS – Touts Doge

Musk managed to draw the ire of the broader crypto community again while delighting Doge holders. Elon Musk, CEO of Tesla and SpaceX, posted a series of tweets shading Ethereum and Web 3 while touting Doge. Unfortunately, his tweets managed to pump up Doge again for a while. On Thursday, Musk wrote that Web 3, a concept that's widely supported in the crypto community, "sounds like bs." The stance is extraordinary, seeing that his brother, Kimbal Musk, launched an autonomous…

Elon Musk Confronts Binance’s “Shady” Behavior Over Doge Withdrawals

Elon Musk is not happy with how Binance is running its operations today. He targeted Binance CEO Changpeng “CZ” Zhao on the exchange’s handling of recent Dogecoin withdrawal troubles, suspecting “shady” behavior. Not backing down, CZ fired back with his own criticism of faulty Tesla vehicles. Elon Musk Versus Changepeng Zhao The executive feud began with Elon Musk tagging CZ in a Twitter comment earlier today. The comment was left on a CoinDesk tweet quoting the CEO, saying he wanted…

Tesla Tokens Drop 6% After Shock Musk Poll – Tesla Shares Follow

Musk's tweets are shaking the markets again - including Tesla. Specifically, Elon Musk created a Twitter poll to decide whether he could sell 10% of his Tesla shares. The sale could be worth $25 billion. As a result, Tesla crypto tokens dropped 6.8%. Tesla shares in premarket trading soon followed, dropping 5%. The CEO of Tesla and SpaceX decided to engage his Twitter followers on the question of unrealized capital gains. On Saturday, Musk tweeted that he would sell 10%…

Elon Musk: US Government Cannot and Should Not Stop Cryptocurrency

Elon Musk says that the United States should do "nothing" to regulate the cryptocurrency sector– unlike China. He also suggests that crypto's advancement can merely be slowed but not "stopped" by governments. Elon Musk On China and Crypto Regulation The "Technoking" aired his thoughts in a recent interview at CodeCon 2021, an annual technology convention. The interviewer started by questioning Musk about China's recent re-ban on cryptocurrency in the country. He speculates that part of China's concern with Bitcoin could…

Elon Musk Believes Reducing Doge Fees Will Boost Its Adoption

On 22nd September, Elon Musk tweeted that he wants Doge fees to fall. According to the billionaire, the costs need to drop to increase the crypto's use in payment for retail services. Essentially, Elon played a significant part in Dogecoin in 2021, as he plans to use the coin in his company.  Elon Wants Doge to Reduce Fees Musk noted that lowering the coin's fees would help in the adoption of Doge in actual purchases. Elon's  Tweet Reads: Super important for…

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