It appears our good friend Mr. Elon Musk is warming up to Bitcoin...

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Elon Musk seems to be moving towards becoming a fan of bitcoin...

The founder of Tesla and SpaceX has talked about bitcoin multiple times over the years, but he never really seemed like he was a full blown fan.

Just about every time people started pushing for him to get involved some how, or integrate with his technology somehow, Musk always poo poo'd the idea...

Well, judging from a tweet yesterday, he may be starting to warm up to bitcoin just a bit more...

Check it out:

(Source: https://twitter.com/elonmusk/status/1261416824459030529)

This tweet was in response to a J.K. Rowling tweet put out yesterday asking people to help her understand what bitcoin is exactly.

While, Musk isn't saying anything new here per say, he is pushing the idea that central bank money printing is making bitcoin look a lot more appealing and credible than perhaps it once was.

Something that I think a lot of people are starting to warm up to.

That is a major win for bitcoin and the crypto community, plus you know, having J.K. Rowling, a world famous renowned author, talking about bitcoin is also a good thing as well. :)

Stay informed my friends.

-Doc



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21 comments
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One of my friends named her puppy after J.K.Rowling books... lol...

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As Soon as Elon tweets that he bought his 1st Bitcoin it will skyrocket to 100,000 ....the next day. Unless he decides to go back to his CEO position at Dogecoin. I hope you have a few million Dogecoin.

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I'm not sure about that considering he has owned some for a long time now. He needs to integrate bitcoin into some of his tech somehow, now that might do something.

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He pumps Dogecoin every few years... it’s a good one to accumulate for free...

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Yea I have seen that happen a few times. How do you accumulate it?

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Watching movies on my iPad.. 24 hours a day

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Wow. This is a big deal. I hope he has come to stay

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Well, I wouldn't say he is here yet, but he is warming up to it for sure...

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Yet another reason why Bitcoin speculation is going to get out of control once the economy reopens.

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Yep, I agree. There is a lot of pent up demand is my guess. Once things start rolling again, the flood gates are opened.

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strange that a person like him has not yet understood the potential of the blockchain.

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He understands it, he just hasn't fully embraced the idea of bitcoin as an investment, at least not yet.

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he still holds 0.25 btc only may be its time for him to stack up more

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That is a major win for bitcoin and the crypto community, plus you know, having J.K. Rowling, a world famous renowned author, talking about bitcoin is also a good thing as well. :)

She is making fun of people that are trying to help her understand what it is. She is dismissive of the tech because she can't understand it while she admits she can hardly turn on her TV.

She isnt supportive of Bitcoin. It's "good" she said the name because any press is good press but she is pretty clearly calling it stupid and pointless.

Although like I said she does admit she is very much ignorant to what the whole the is about. Interesting that she finds digital money to be so crazy when most people probably bought her books with credit cards (digital money).

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Yes I noticed that too. She doesn't seem to actually want to learn about it, she's trying to belittle it in a way. Either way though, her talking about it is a big deal. It's gotten bitcoin beyond just the crypto world and even the finance news section. This is getting bitcoin talked about on all the news outlets...

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