Elon Musk says he supports bitcoin and thinks it will get ‘broad acceptance’ in finance

Now this is a big one!

In a discussion on the popular Clubhouse audio app late Sunday, Musk confirmed he was a supporter of bitcoin.

This is what the Billonaire has to say about the Cryptocurrency:

“I’ve got to watch what I say here because some of these things can really move the market,” Musk said. “Many friends of mine have tried to convince me to get involved in bitcoin for a long time.”

Musk said he once ate a slice of “bitcoin cake” given to him by a friend in 2013, and that he “clearly … should have at least bought some bitcoin eight years ago — talk about being late to the party.”

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“I do at this point think bitcoin is a good thing, and I am a supporter of bitcoin,” Musk said.

“I think bitcoin is really on the verge of getting broad acceptance by conventional finance people.”

Musk added that he doesn’t have “strong opinion” on other virtual currencies. He has tweeted about the meme-based cryptocurrency dogecoin in the past, and in 2019 he indicated that it was his “fav cryptocurrency.”

Culled from CNBC

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